R 2 100 000 | 7 bed property for sale in delville

Property Description

This investment property generates a monthly income of R29,000 and offers exceptional potential for further development - Inside, the main house is divided into seven rental rooms, including a main bedroom with an en-suite bathroom and a separate shared bathroom for the other tenants. Outside, there are 14 additional rental rooms, contributing to the property's substantial income. The house is currently undergoing rezoning to Residential 3. Under Residential 3 , it will allow the buyer to develop up to 11 two-bedroom, two-story units. This is an excellent opportunity for investors seeking a property with strong existing returns and the potential for significant growth through development. The property is situated close to schools, shopping centers, and public transport, ensuring high tenant demand.


Property Details

Purchase Price R 2 100 000

Monthly Rates1800

Type of PropertyHouse

Pets AllowedYes

Land Size19 m2

Last Updated23 Apr 2025

Rooms

Bedrooms7

Bathrooms2

Property Location

Similar Property in nearby suburbs

Agent

Paula Lubisi

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