Set up as a multi-unit property, it currently generates ±R14,000 per month with clear potential to increase to ±R25,000 per month by optimising rentals and maximising occupancy.
The main house is split into two separate living sections, giving you flexibility to rent both out or live in one while earning from the rest:
Main section: 2 bedrooms plus access to a swimming pool and a private outdoor area
Second section (currently rented with a contract): 1 bedroom, ideal as an additional rental unit or owner accommodation
On top of that, the property includes two additional rental units:
A 2 bedroom flat (Currently rented)
A 1 bedroom garden cottage (Not yet Rented)
The home presents well with a neat courtyard, practical living spaces, and a lifestyle element that tenants love, that pool.
Perfect for investors wanting multiple income streams from one address, or buyers who want the bond to feel a lot lighter each month.
Rental figures and potential depend on occupancy and market-related rentals.