R 1 990 000 | 17 bed property for sale in delville

Nestled in the heart of the well-established suburb of Delville, Germiston, this exquisite investment property offers a rare opportunity for discerning investors seeking both immediate rental income and future development potential. This prime property is thoughtfully designed to cater to the high-demand rental market, boasting a current monthly rental income exceeding R36,000 – a testament to its remarkable value. The property features a main house that has been expertly converted into six fully self-contained cottages, each offering its own private kitchen, bathroom, and geyser, ensuring complete privacy and comfort for tenants. These units are spacious, well-maintained, and ideal for long-term occupancy, making them highly attractive to professionals and small families. Adjacent to the main house is an additional outbuilding, also hosting six individual cottages, each designed with modern amenities including private kitchens and bathrooms. These units mirror the quality and layout of those in the main house, further enhancing the consistency and appeal of the rental offering. In addition to these twelve self-contained cottages, the property also includes four extra rooms, which currently share a communal bathroom and toilet facility. These rooms provide added income potential and are ideal for short-term tenants or single occupants. One of the most compelling features of this investment is the extra 500 square meters of land available on the property, presenting a golden opportunity for further development. Whether you're looking to expand the number of rental units, add communal facilities, or build a separate dwelling, the possibilities are substantial and lucrative. Property Features: Prime location in Delville, Germiston Total of 12 self-contained cottages (each with own kitchen & bathroom) 4 additional rooms with shared facilities Private geysers for each cottage Secure and well-maintained premises Massive rental income over R36,000 per month Additional 500 sqm of undeveloped land for future expansion This is more than just a property – it's a strategic investment with solid returns and room to grow. Whether you're expanding your property portfolio or looking for a high-yield asset, this gem in Delville ticks every box.