An exceptional investment opportunity offering multiple rental income streams from one property, with a potential gross rental yield of 16.97% per annum!
Situated on a generous 925m² stand in Bloubosrand, this established income-generating property offers an exciting opportunity for investors looking to expand their property portfolio or enter the rental investment market.
Featuring a spacious 4-bedroom main house and five additional self-contained rental cottages, the property has been configured to maximise rental opportunities, with existing tenants already providing a steady monthly income.
Property Accommodation
Main House
4 bedrooms, currently configured for individual room rentals
2 bathrooms
Spacious accommodation with flexible rental potential
Five Additional Rental Cottages
Cottage 1: 1 bedroom, kitchenette and bathroom with shower, toilet and basin.
Cottage 2: 1 bedroom, kitchenette and bathroom with shower, toilet and basin.
Cottage 3: 1 bedroom, kitchenette and bathroom with shower, toilet and basin.
Cottage 4: Duplex-style unit featuring 1 bedroom, kitchenette, 2 showers, 2 toilets and basin.
Cottage 5: 1 bedroom, kitchenette and bathroom with shower, toilet and basin.
Additional Property Features
Generous 925m² stand
Five income-generating cottages in addition to the main house
Separate prepaid electricity and water meters servicing the rental accommodation
Dedicated communal laundry room
Established rental setup with existing tenants
Opportunity to increase rental income through full occupancy
Investment Returns – Let the Numbers Speak! Asking Price: R2,200,000
Current Monthly Rental Income: R28,110
Current Annual Rental Income: R337,320
Additional Vacant Room Potential: R3,000 per month
Potential Monthly Rental Income: R31,110
Potential Annual Rental Income: R373,320
Potential Gross Rental Yield: 16.97% per annum
With existing rental income already in place and an opportunity to increase returns by securing a tenant for the vacant room, this property offers investors both immediate income and further earning potential.
Gross rental yield is calculated on the asking price before rates, maintenance, vacancies, management fees and other operating expenses.
Conveniently Located in Bloubosrand. Ideally positioned within easy reach of Fourways, Douglasdale and North Riding, the property offers tenants convenient access to major employment hubs, shopping centres, schools and transport routes.
Nearby amenities include: Fourways Mall and Fourways Crossing, Northgate Shopping Centre, Local schools and educational facilities, Witkoppen Road and William Nicol Drive (R511), Shopping, restaurants and everyday conveniences
The property's location and variety of rental accommodation make it an appealing option for investors targeting the local rental market.
One Property. Multiple Income Streams. Endless Potential.
Why rely on a single rental income when one property can offer multiple income opportunities?
Whether you're an experienced investor seeking to grow your portfolio or a first-time investor looking for an established rental property, this Bloubosrand opportunity deserves your attention.
Contact me today to arrange a private viewing and explore the income-generating potential of this investment!
Rental figures are based on information supplied and are subject to verification. All yields quoted are gross and exclude operating expenses. Buyers should independently verify rental agreements, municipal approvals and the compliance status of the additional accommodation.