Exceptional Investment Opportunity!
Calling all investors! This well-positioned property in the heart of Wychwood offers an outstanding opportunity to generate a strong monthly rental income with excellent potential for future expansion.
Property Features:
9 income-generating rooms in total.
The main house offers 5 spacious bedrooms, including a main bedroom with an en-suite bathroom. The original dining room has been thoughtfully converted into an additional bedroom to maximize rental potential.
4 outside rental rooms serviced by a shared bathroom, providing additional accommodation options.
A neat kitchen fitted with built-in cupboards, offering practicality and functionality.
Separate full bathroom featuring a bath, basin, and toilet.
Currently capable of generating over R21,000 per month when fully occupied.
Investment Highlights:
Ideal for multi-tenant accommodation, student housing, or long-term rental income.
Ample parking available for tenants and visitors.
Situated within walking distance of Jules Street, with easy access to public transport, schools, shopping centers, and other essential amenities.
High rental demand in the area makes this an excellent addition to any investment portfolio.
Large stand offering exciting potential to build additional cottages or income-producing units (subject to municipal approvals), allowing you to further increase your return on investment.
Whether you're an experienced investor looking to expand your portfolio or a first-time buyer seeking a property with immediate cash flow, this Wychwood investment is an opportunity not to be missed.
Contact us today to arrange a private viewing and secure this excellent income-producing property!