| Income-Generating Investment Property with 5 Rental Units |
Situated in Houghton Place, Eersterivier, this well-maintained multi-unit property offers an excellent opportunity for investors seeking immediate rental income.
The property consists of 5 separate rental units, comprising a total of 7 bedrooms and 5 bathrooms, creating multiple income streams from a single investment.
Current Rental Income: Approximately R20 000 per month.
Accommodation Includes:
Main house: 2 bedrooms, lounge, kitchen and bathroom
Nutec home: 2 bedrooms, kitchen, lounge and bathroom
Three bachelor units, each with a kitchenette and private bathroom
Utilities & Independent Living:
Main house has its own prepaid electricity box and geyser
Nutec home has its own prepaid electricity system and geyser
Bachelor units operate independently with prepaid electricity and prepaid water systems
Each unit is fitted with its own geyser, ensuring fully independent living per unit
Additional Features:
Remote-controlled entrance gate
Fully enclosed property
Spacious paved driveway
Parking for up to 10 vehicles
Double carport
The property offers neat street appeal, enhanced by modern paving, perimeter walls and a secure entrance gate.
With an established rental income stream already in place, this property presents an excellent opportunity for investors seeking immediate returns and long-term growth potential.
Contact us today to arrange a viewing.
ERF Size 450 m²
Building Size 325m²
Rates R1,425 per month
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Belinda Feldmann
c. 0844414005
belinda.feldmann@rawson.co.za
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