This versatile property is a rare gem, offering exceptional income potential with multiple dwellings and exciting development opportunities. The main house features 4 spacious bedrooms and 2 bathrooms, perfect for long-term tenants at R10 000 per month. A tenanted 2-bedroom, 1-bathroom flatlet with its own private garden and entrance is already generating R5 500/month in stable income. The double garage and workshop present incredible potential — easily converted into a 2-bedroom flatlet, adding another R5 500/month to your income stream. An existing entertainment area offers yet another opportunity: extend and transform it into another 2-bedroom flatlet to yield an additional R5 500/month. Finally, there's a storage room, which could either be rented as-is for R6 000/month or converted into another 2-bedroom flatlet for R5 500/month. Total Potential Monthly Rental Income: Main House: R10 000 Tenanted Flatlet: R5 500 Garage/Workshop Flatlet: R5 500 Entertainment Area Flatlet: R5 500 Storage Room (as storage): R6 000 or as Flatlet: R5 500 Max Monthly Rental Potential: R33 500 (with storage) or R33 000 (all converted to flatlets) Don’t miss this rare investment opportunity to generate multiple income streams from one powerful property. The potential here is massive — secure it before it’s gone! Zoning: Residential Ownership Type: Freehold Mandate Type: Open
Purchase Price R 2 630 000
Type of PropertyHouse
Last Updated11 Jul 2025
Bedrooms6
Bathrooms3
Garages3
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