| Prime Investment Property | Multiple Income Streams | Upmarket Location |
Originally a single residential home, this property has been thoughtfully converted into multiple self-contained units, offering excellent rental returns and future development potential.
Property Breakdown:
Main Unit (2 Bedroom):
Spacious open-plan living area incorporating lounge/TV room, dining area and kitchen.
The kitchen opens via double glass doors into a covered courtyard, ideal for private outdoor living.
Bathroom includes a corner spa bath, hand basin and toilet.
Both bedrooms feature built-in cupboards.
Two Separate 1-Bedroom Units:
Each unit has its own private entrance, kitchenette, lounge area, bedroom and bathroom fitted with a shower — perfect for independent tenants.
Bachelor Flatlet:
Converted from the original garage into a long, open-plan, fully self-sustaining bachelor unit, located next to the main house.
Additional Features:
Large yard with parking space for up to 10 vehicles
Situated in an upmarket area
Current rental income: ±R25,000 per month
Low vacancy appeal due to unit mix and location
Development Potential:
The property may also appeal to developers, as there is a block of flats at the back. Vertical expansion could be explored, subject to necessary permissions and neighbour approvals.
Reverting the property back into a single residence is possible but would require additional investment — making this an ideal buy-and-hold income property.
Ideal for investors seeking strong returns, flexibility, and future upside.
ERF Size 564 m²
Building Size 262m²
Rates R3,000 per month
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Sindi Masinga
c. 0730218872
sindisiwe.masinga@rawson.co.za
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