Tucked away in the heart of South Hills, right alongside a peaceful park, lies a property brimming with opportunity. This is not just a fixer-upper — it’s a canvas for an investor with vision, offering solid, existing income and exciting future potential.
Fully walled and set on a generously sized stand, the property boasts a large yard with space to comfortably accommodate up to seven vehicles, making it ideal for multi-tenant living.
Behind the walls, the story unfolds into multiple rental units, each already contributing to a steady monthly income of approximately R15,000:
Two rooms with a toilet
Two self-contained rooms, each with a kitchen, bedroom and toilet
One room with a toilet and shower
Two rooms with a toilet
One room with a toilet
One room with a toilet
A three-room unit featuring an open-plan kitchen and living area, a bedroom and a toilet
Tenants enjoy the convenience of hot water and prepaid electricity, ensuring ease of management for the owner.
Location is where this investment truly shines. Positioned close to major highways, industrial hubs, schools, nurseries, shopping centres (including Steeledale Shopping Centre), filling stations and public transport, this property is ideally placed to attract and retain tenants.
For the investor looking to grow or strengthen a rental portfolio, this property offers immediate returns with room to add value over time.
Opportunities like this don’t come around often.
Contact me today to arrange a viewing and discover the potential for yourself.