An outstanding opportunity for property investors! This versatile property offers 5 separate houses on one spacious stand, with four units already generating R26,000 in combined monthly rental income.
Ideal for investors looking to expand their rental portfolio or buyers seeking a property that combines comfortable living with additional income potential, this unique investment offers excellent flexibility and long-term possibilities.
Each house provides its own living accommodation, with private outdoor spaces and covered parking where applicable. All five units are equipped with prepaid electricity meters for convenient electricity management.
House 1 – Rental Income: R5,500 per Month
This charming one-bedroom unit offers a separate entrance, covered parking, and a private enclosed backyard.
The home features a spacious open-plan kitchen fitted with a stove, hob, and oven, flowing into the dining and lounge areas. The bedroom includes built-in cupboards, while the full bathroom offers a bath, shower, basin, and toilet.
A front patio provides additional space for relaxing outdoors.
House 2 – Rental Income: R6,500 per Month
This comfortable two-bedroom home offers a practical layout with an open-plan kitchen and lounge.
Both bedrooms feature built-in cupboards, while the full bathroom is fitted with a bath, shower, basin, and toilet.
Additional features include covered parking and a private back garden, providing a pleasant outdoor area for tenants.
House 3 – Rental Income: R6,500 per Month
Offering comfortable accommodation, this two-bedroom unit features an inviting open-plan kitchen, dining area, and lounge.
Both bedrooms are fitted with built-in cupboards, while a full bathroom serves the home.
The property also includes covered parking and a private garden, making it an attractive option for tenants seeking space and convenience.
House 4 – Rental Income: R7,500 per Month
This spacious two-bedroom rental unit offers comfortable living with ample built-in cupboard space.
The open-plan lounge and living area provide a welcoming atmosphere, while the private garden creates additional outdoor space.
A covered carport adds convenience, making this another valuable income-generating unit.
House 5 – Spacious 3-Bedroom Main Residence
Currently occupied by the owner, the fifth house offers generous accommodation and the potential to generate an additional rental income stream.
The home features 3 spacious bedrooms and 2 bathrooms, along with an open-plan kitchen, dining area, and comfortable lounge.
A dedicated study corner with built-in cupboards provides a practical workspace, while the covered patio is ideal for relaxing or entertaining family and friends.
This residence is perfect for an owner wishing to live on the property while earning rental income from the remaining four houses.
Additional Property Features:
- 5 Separate residential units
- 10 Bedrooms in total
- 5 Prepaid electricity meters
- 5 Geysers, including 2 gas and 3 electric units
- Working air-conditioning units
- Covered parking available
- Private gardens and outdoor spaces for selected units
- Spacious living accommodation
- Multiple established rental income streams
Investment Overview
House 1 - R5,500
House 2 - R6,500
House 3 - R6,500
House 4 - R7,500
House 5 - Owner-occupied
Total Current Rental Income - R26,000
Current Annual Gross Rental Income: R312,000
With four income-generating units already in place and a fifth residence offering further rental potential, this property presents an exciting opportunity for investors looking to build a substantial rental portfolio.
The separate accommodation arrangements, prepaid electricity meters, and practical layouts make this property particularly appealing for long-term residential letting.
Whether you're an experienced investor or looking to enter the rental property market, this unique offering deserves serious consideration.
Don't miss this opportunity to own five homes on one property. Contact us today to arrange your private viewing!
Viewings can be arranged during weekdays, after hours, or over weekends for your convenience. Free, no-obligation assistance with bond pre-approval is also available.