R 2 150 000
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9 Bed House in East Bank

40 albany rd
9 8 1 1 083 m²

Income generating property ideal for Investment.

This income-generating residence presents a good investment opportunity with tremendous potential for both long-term rental income and short-term Airbnb hosting.

The ground floor features a well-sized living room, dining area, and a fitted kitchen, creating an open and welcoming atmosphere. It includes three spacious bedrooms, all with built-in cupboards, and the main bedroom enjoys the privacy of an en-suite bathroom. A family bathroom serves the other two bedrooms. The property also includes a single garage and a double carport for convenient parking.

Upstairs, there are four spacious bedsitters, each equipped with its own kitchenette and bathroom, featuring laminate flooring and sliding doors that open onto a balcony. Each unit is fitted with its own security alarm, providing peace of mind for tenants.

At the rear of the property, an additional two bedsitters also offer private bathrooms with a shower and toilet, along with a kitchenette.

The property is fully walled and set back from the road, offering ample parking space for all occupants. Currently, all units are occupied, generating a substantial rental income averaging around R30,000.00 per month. This makes it an opportunity for investors or for those looking to host guests while residing on the property.

Contact Diane to view.

Property details

  • Listing number T4800966
  • Property type House
  • Listing date 25 Sep 2024
  • Land size 1 083 m²

Property features

  • Bedrooms 9
  • Bathrooms 8
  • Lounges 1
  • Dining areas 1
  • Garage parking 1
  • Flatlets
  • Pet friendly
  • Balcony
  • Laundry
  • Patio
  • Pool
  • Security post

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