2 Bed House in Evaton
Monthly Rental Income: R4,500
This property offers exceptional value for an investor looking to expand their portfolio or generate passive income. Situated in the heart of the Drieziek neighborhood, it consists of a 2-bedroom, 1-bathroom main house and 3 additional flatlets sharing a communal bathroom.
Property Details:
Main House:
2 bedrooms
1 full bathroom
Open-plan living area
Functional kitchen
Flatlets:
3 flatlets with shared bathroom
Ideal for individual tenants or students
Rental Income:
Current rental yield -R4,500 per month
Scope to increase rent with minor improvements
This is a no-brainer opportunity to secure a property with rental income already flowing. Whether youre looking for stable returns or a long-term investment, this property checks all the right boxes.
Property details
- Listing number T4846483
- Property type House
- Erf size 339 m²
- Rates and taxes R 400
Property features
- Bedrooms 2
- Bathrooms 1
- Lounges 1
- Flatlets