R 1 700 000 | 13 bed property for sale in olievenhoutbosch

Property Description

High-Yield Multi-Unit Residential Investment Property in Olievenhoutbosch Ext 37 This high-performing multi-unit residential property in Olievenhoutbosch Ext 37 represents a turnkey, recession-proof investment opportunity. Generating a consistent monthly rental income of R27,000, this asset delivers immediate cash flow and an exceptional capitalization rate from day one. Designed specifically for the high-demand affordable housing and local retail markets, it offers property investors an ideal balance of stable revenue and long-term capital appreciation. It offers exceptional financial & investment benefits, bringing in immediate cash flow through its high-yielding asset generating R27,000 per month in gross rental income from day one. The income split across 14 distinct tenancies, drastically reducing vacancy risk compared to single-family rentals. Combines steady residential rental revenue with high-margin commercial retail income. Located in a dense, high-growth area with an ongoing, structural shortage of affordable micro-units. Low overhead costs, low-maintenance design ensures maximized net operating income (NOI) and stronger investor returns. It features 8 bachelor, self-contained, highly rentable units designed for young professionals or couples seeking private living spaces and 5 single, cost-effective, high-demand rental rooms targeting budget-conscious tenants to ensure 100% occupancy. Commercial shop space, strategically positioned garage converted into a high-visibility retail shop, securing premium commercial rental rates from local entrepreneurs. Location advantage, strategic position, situated in Olievenhoutbosch Ext 37, a vibrant, fast-growing hub with strong tenant demand. Easy access to major commuter routes, local taxi ranks, and public transit for working tenants. Proximity to nearby industrial nodes, commercial hubs, and shopping centres ensures a continuous pool of quality applicants.


Property Details

Purchase Price R 1 700 000

Type of PropertyHouse

Last Updated23 May 2026

Rooms

Bedrooms13

Property Location

Similar Property in nearby suburbs

Agent

Yanga Mpho Mjekula

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