Property description
Property Description
Category: Multi-Dwelling Investment Property / Residential Income Property
This versatile investment property offers multiple income-generating opportunities with a total of five dwellings on one erf. Ideally suited for investors or extended families seeking both space and return, the property combines comfortable living with solid rental potential.
Main House
3 Bedrooms
2 Bathrooms
Spacious Lounge and Kitchen
Carport for 2 Cars
Current Rental Income: R8,250 per month
Notes:
Building plans available (not updated)
Excellent potential to convert the main house into smaller rental units for increased income
Flat 1 – Two-Bedroom Unit
2 Bedrooms
1 Bathroom
Open-Plan Kitchen and Lounge
Split Electricity Meter
Rental Income: R6,900 per month
Flat 2 – One-Bedroom Unit
1 Bedroom
1 Bathroom
Open-Plan Kitchen and Lounge
Potential Rental Income: R5,900 per month
2 x Bachelor Units
Each includes a private kitchenette
Combined Rental Income: R3,300 per month
Additional Features
Private gardens for all units except the bachelor flats
Ample parking space
Secure and well-maintained environment
Flexible configuration for investors wanting to maximize rental yield
Financial Snapshot
Total Current Income: R8,250 + R6,900 + R3,300 = R18,450 per month
Potential Income (including 1-bedroom flat): ±R24,350 per month
Contact Information
For more information, viewing arrangements, or updated building plans, please contact the appointed agents.
- Freehold
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
