7 Bedroom House For Sale in Rustenburg

Property description

This is an outstanding income producing investment property situated within the prestigious Vatican City Estate in Waterfall East. Designed to maximise rental returns, the property comprises three separate residential units and is fully occupied by established tenants, providing immediate income from transfer.

Property Configuration

Unit 1

- 3 Bedrooms
- Lounge
- Kitchen
- Two bathrooms (one with a large bathtub and shower, one with a shower)

Current Rental Income: R11,500 per month

Unit 2

- 2 Bedrooms
- Lounge
- Kitchen
- One bathroom

Current Rental Income: R8,500 per month

Unit 3

- 2 Bedrooms
- Lounge
- Kitchen
- Dining area
- Balcony
- Shared bathroom

Current Rental Income: R9,000 per month

Total Monthly Rental Income

R29,000

Investment Highlights

- Fully tenanted with established tenants.
- Three self-contained residential units.
- Secure estate with controlled access.
- Prime location close to Waterfall Mall, shopping centres, banks, restaurants and quality private schools.
- Strong demand for rental accommodation in the area.
- Attractive cash flow with future rental growth potential.
- Excellent long-term capital appreciation prospects.