- 9
- 5
- 569 m2
- 1 364 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 2000.00
Property description
Discover an exceptional investment opportunity with this multi-tenanted property, perfectly situated in a prime location.
This gem offers a spacious main house featuring three bedrooms, two bathrooms, an office/study and a welcoming living area, ideal for family comfort. In addition, there are four additional rental units on the property, each already occupied by reliable tenants, some of whom are happy to stay on, ensuring immediate rental income.
Two of the units boast two bedrooms each, offering ample living space for small families or small offices. The remaining two units are bachelor-style, catering to single tenants or couples seeking a cozy and affordable option. All units are equipped with prepaid electricity and water meters, simplifying utility management for both tenants and the landlord.
Conveniently located within walking distance to the main road, Malvern Park, and public transport links, this property offers unbeatable accessibility and ease of living. Its proximity to local amenities makes it highly desirable for tenants, ensuring high occupancy rates and consistent returns.
Whether you’re a seasoned investor or just starting your portfolio, this property is a rare find. The current owner is motivated for an urgent sale, making this the perfect time to secure a property with substantial income potential. With a little bit of your own touches like painting high pressure roof cleaning etc, the rental income can definitely increase.
Don’t miss this chance to invest in a thriving, tenant-ready opportunity.
Property Details
- 9 Bedrooms
- 5 Bathrooms
- 5 Lounges
- 5 Dining Area
- 1 Flatlet
Property Features
- Pool
- Wheelchair Friendly
- Aircon
- Pets Allowed
- Fence
- Kitchen
- Garden Cottage
- Guest Toilet
- Entrance Hall
| Bedrooms | 9 |
| Bathrooms | 5 |
| Floor Area | 569 m2 |
| Erf Size | 1 364 m2 |
Contact the Agent
Devika Naidoo
Full Status Property Practitioner