- 7
- 4
- 2
- 1 038.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.
Mun. Rates & Taxes: ZAR 2500.00
Property description
If you’re looking for a property where the numbers make sense from day one, this is it.
Located in sought-after Farrarmere, this fully tenanted multi-unit property generates consistent rental income across three separate living spaces, offering immediate cash flow with minimal vacancy risk.
Income-Generating Structure
The property consists of three independent units, each designed for practical living and strong rental demand:
Main House
• 3 Bedrooms | 2 Bathrooms
• Spacious kitchen and living area
• Garage access
• Can be integrated or kept separate
Upstairs Unit
• 2 Bedrooms | 1 Bathroom
• Private and self-contained
Rear Unit
• 3 Bedrooms
• Fully independent
This configuration creates multiple income streams on one property, reducing reliance on a single tenant and improving overall stability.
Investor Highlights
• Fully tenanted – immediate income from transfer
• Rental income structured to cover bond repayments (subject to terms and deposit)
• Multiple units = reduced vacancy risk
• Strong rental demand in Farrarmere
• Flexible layout for future optimisation
Investment Positioning
This property is ideal for:
• Investors looking for cash-flow-supported assets
• Buyers wanting to live in one unit while renting out the others
• Portfolio investors seeking diversified income on a single erf
The current setup already performs, while still offering room to increase rental efficiency over time.
Location Advantage
Farrarmere continues to attract quality tenants due to:
• Established, secure residential environment
• Proximity to schools, shopping centres, and major routes
• Consistent demand for multi-unit and shared living accommodation
Summary
3 Separate Income-Producing Units
Fully Tenanted
Rental Income Supporting Bond
High-Demand Area
Flexible Investment Strategy
Final Word
Properties where tenants effectively service the bond are rare, especially in established suburbs like Farrarmere.
This is a plug-and-play investment with immediate returns and long-term upside.
PHOTOS OF BACK FLATLET STILL TO COME!
Property Details
- 7 Bedrooms
- 4 Bathrooms
- 2 Garages
- 3 Dining Area
Property Features
- Patio
- Pool
- Pets Allowed
- Family TV Room
| Bedrooms | 7 |
| Bathrooms | 4 |
| Garages | 2 |
| Erf Size | 1 038.0 m2 |
