Prime Investment Property in Fairview – Business Registered with Excellent Rental Income Potential
This exceptional business-registered investment property in the heart of Fairview presents an outstanding opportunity for investors seeking a well-established income-generating asset with room for further growth.
The property currently consists of 7 spacious rooms inside the main house and 3 outside rental rooms, offering accommodation that caters to a strong rental market. A generous hall area provides additional value, as it can easily be converted into two extra rental rooms, increasing the property’s income potential even further.
The internal accommodation is supported by two communal toilets, two communal showers, and two additional bathrooms where each toilet has its own shower, ensuring convenience for tenants. Outside, tenants have access to one toilet and one shower, while an additional shower has been converted into a practical storage room.
The outside rooms currently rent for R1,500 per month each, while the inside rooms are rented at approximately R1,900 and R1,600 per month, depending on the room size. When fully occupied, the property generates an estimated R16,000 per month, with the potential to increase this figure through the conversion of the hall into additional rental units.
Situated in a convenient Fairview location close to public transport, schools, shopping amenities, and major routes, this property offers a solid foundation for investors looking to enjoy immediate rental income while benefiting from future growth opportunities.
Whether you’re expanding your property portfolio or searching for a business-ready investment with reliable cash flow, this Fairview property is an opportunity not to be missed. Schedule your viewing today and discover the income potential this versatile property has to offer