R 500 000 | 11 bed property for sale in ennerdale south

Investment Opportunity – 11-Room Freestanding Property | Fully Tenanted | R8,250 Monthly Income This well-maintained, freestanding property is an excellent opportunity for investors seeking a solid income-generating rental asset. Conveniently located in a clean and quiet area with access to public transport and nearby amenities, the property is currently fully tenanted, offering a stable rental income of R8,250 per month, with potential for even higher returns. Property Features: - 11 spacious rental rooms – well-sized and neatly maintained - Left-side rooms: Equipped with prepaid electricity meters - Right-side rooms: Electricity supplied by the landlord - 1 shared toilet and shower(external) - 2 storage rooms – can be converted into additional bathrooms or showers for added value - Fully occupied – steady cash flow from day one - Low-maintenance setup – ideal for hands-off investors - High tenant demand– due to excellent location and affordable setup Location Highlights: - Situated in a neat and quiet neighbourhood - Close to public transport routes - Near shopping facilities, schools, and other local amenities - Easy to manage and attractive to tenants Investment Benefits: - Immediate income: Property already generating R8,250 per month. - Upside potential: Room to increase income with minor upgrades or room additions - Growing rental demand in the area - Low vacancy risk due to high demand and affordable room rates This is a fantastic opportunity to step into a fully functional investment property with great cash flow and growth potential. Don’t miss out—properties like this with strong returns and full occupancy are rare! Contact us today to schedule a viewing or request more details.