NEW
Web Ref RL1031
R3,349,900
Monthly Bond Repayment R34,009.15
Calculated over 20 years at 10.75% with no deposit.
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Monthly Rates
R700
R700
Five Houses on One Stand with Excellent Investment Potential
An exceptional investment opportunity awaits with this unique property featuring five separate houses on one spacious stand. Offering multiple rental income streams and independent living spaces, this property is ideal for investors looking to expand their portfolio with an established income-generating asset.
Four of the five houses are currently tenanted, generating a combined rental income of R26,000 per month, while the fifth residence is occupied by the owner. Each house has its own features and prepaid electricity meter, making this a versatile investment with potential for further rental income.
1st House – R5,500 per month
The first house has a separate entrance, a carport and a private enclosed backyard. Inside, the spacious open-plan kitchen, fitted with a stove, hob and oven, flows into the dining area and lounge. The well-sized bedroom includes built-in cupboards, while the full bathroom features a shower, bathtub, basin and toilet. A front patio provides additional outdoor space.
2nd House – R6,500 per month
This unit offers two bedrooms with built-in cupboards, an open-plan kitchen and lounge, and a full bathroom fitted with a bathtub, shower, basin and toilet. Covered parking and a private rear garden add to the appeal, providing comfortable indoor and outdoor living.
3rd House – R6,500 per month
The third house features two well-sized bedrooms with built-in cupboards, an open-plan kitchen, dining and living area, and a full bathroom. Covered parking and a private garden make this an appealing rental option for a couple, small family or long-term tenant.
4th House – R7,500 per month
The fourth unit offers two bedrooms with ample built-in cupboards, an open-plan lounge and living area, and a private garden. A carport provides convenient covered parking, while the practical layout makes this property well suited to tenants seeking comfortable accommodation.
5th House – Owner-Occupied Residence
The main residence offers a spacious open-plan kitchen, dining area and living space, creating a welcoming environment for family living. It includes three bedrooms, two bathrooms and a dedicated study corner fitted with built-in cupboards. A covered patio provides a pleasant outdoor area for relaxing or entertaining.
Additional Features and Investment Potential
Each of the five homes is fitted with a prepaid electricity meter, while the property has five geysers in total, including two gas geysers and three electric geysers. All air-conditioning units are in working order, adding to the comfort of the residences. With four houses currently bringing in a combined rental income of R26,000 per month, the property offers an established income stream, while the owner-occupied fifth house presents the possibility of generating further rental income in the future. This versatile investment is an excellent option for buyers looking to expand their property portfolio with multiple rental opportunities on a single stand.
At Matchmaker Realty we welcome you to book an exclusive viewing of this beautiful home. Matchmaker Realty is the Industry leader in Matching Buyers to Homes! We pride ourselves with a full, professional service from the initial viewing to the property handover and beyond with an 'emphasis' on after-sales service. We work with the best Bond Originators who will streamline the process of a bond approval with a high success rate.
We look forward to 'Matching' you to your dream home!
Four of the five houses are currently tenanted, generating a combined rental income of R26,000 per month, while the fifth residence is occupied by the owner. Each house has its own features and prepaid electricity meter, making this a versatile investment with potential for further rental income.
1st House – R5,500 per month
The first house has a separate entrance, a carport and a private enclosed backyard. Inside, the spacious open-plan kitchen, fitted with a stove, hob and oven, flows into the dining area and lounge. The well-sized bedroom includes built-in cupboards, while the full bathroom features a shower, bathtub, basin and toilet. A front patio provides additional outdoor space.
2nd House – R6,500 per month
This unit offers two bedrooms with built-in cupboards, an open-plan kitchen and lounge, and a full bathroom fitted with a bathtub, shower, basin and toilet. Covered parking and a private rear garden add to the appeal, providing comfortable indoor and outdoor living.
3rd House – R6,500 per month
The third house features two well-sized bedrooms with built-in cupboards, an open-plan kitchen, dining and living area, and a full bathroom. Covered parking and a private garden make this an appealing rental option for a couple, small family or long-term tenant.
4th House – R7,500 per month
The fourth unit offers two bedrooms with ample built-in cupboards, an open-plan lounge and living area, and a private garden. A carport provides convenient covered parking, while the practical layout makes this property well suited to tenants seeking comfortable accommodation.
5th House – Owner-Occupied Residence
The main residence offers a spacious open-plan kitchen, dining area and living space, creating a welcoming environment for family living. It includes three bedrooms, two bathrooms and a dedicated study corner fitted with built-in cupboards. A covered patio provides a pleasant outdoor area for relaxing or entertaining.
Additional Features and Investment Potential
Each of the five homes is fitted with a prepaid electricity meter, while the property has five geysers in total, including two gas geysers and three electric geysers. All air-conditioning units are in working order, adding to the comfort of the residences. With four houses currently bringing in a combined rental income of R26,000 per month, the property offers an established income stream, while the owner-occupied fifth house presents the possibility of generating further rental income in the future. This versatile investment is an excellent option for buyers looking to expand their property portfolio with multiple rental opportunities on a single stand.
At Matchmaker Realty we welcome you to book an exclusive viewing of this beautiful home. Matchmaker Realty is the Industry leader in Matching Buyers to Homes! We pride ourselves with a full, professional service from the initial viewing to the property handover and beyond with an 'emphasis' on after-sales service. We work with the best Bond Originators who will streamline the process of a bond approval with a high success rate.
We look forward to 'Matching' you to your dream home!
Features
Pets Allowed
Yes
Interior
Bedrooms
11
Bathrooms
6
Kitchen
1
Reception Rooms
2
Study
1
Furnished
No
Exterior
Security
No
Parkings
7
Pool
No
Sizes
Land Size
1,276m²
