- 6
- 4
- 3
- 1 000 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1114.00
Property description
This versatile and income-generating property presents a rare opportunity for both seasoned investors and first time home buyers seeking a residence that pays itself.
set on a generous 1.100 sqm stand, the property offers two full houses, each comprising 3 bedrooms and 2 bathrooms in addition to a cottage and granny flat. The layout allows for excellent privacy between dwellings, making it ideal for a buy-to-let portfolio, multi-let conversion or owner-occupier with rental support.
From an investment perspective, the numbers are compelling. Each main house can conservatively generate R 10 000- R 12 000 per month while the cottage can achieve R 5 000 - R 5 500 per month. this results in a minimum gross rental potential exceeding R 25 000 per month, even after expenses the property is still cashflow positive, offering strong fundamentals for long-term yield and scalability.
For a first-time homebuyer, this property offers a powerful advantage: rental income from additional dwellings can cover up to 80% of bond repayments, significantly reducing personal housing costs while building equity
Priced at 1.7 Million, this a high-quality asset with multiple income streams, flexible use cases and long-term upside.
Key Features:
* 1 100 sqm stand
* Two houses each 3 bedrooms and 2 bathrooms
* Separate Cottage and Granny-flat
* +/- R 25 000 gross monthly rental potential
* Cashflow positive after expenses
* Ideal for a buy-to-let or multi-let strategy
* Perfect for a owner occupier seeking rental income
* Expansive parking space
Property Details
- 6 Bedrooms
- 4 Bathrooms
- 3 Garages
- 2 Ensuite
- 2 Dining Area
Property Features
- Study
- Patio
- Staff Quarters
- Storage
- Furnished
- Fence
- Alarm
- Fire Place
- Guest Toilet
- Paving
- Garden
- Intercom
- Family TV Room
| Bedrooms | 6 |
| Bathrooms | 4 |
| Garages | 3 |
| Erf Size | 1 000 m2 |
Contact the Agent
Linathi Tywakadi
Candidate Property Practitioner