R 3 300 000
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8 Bed House in Kloof

8 6.5 4 3 718 m²

INCOME GENERATING MULTI - UNIT PROPERTY

This remarkable investment opportunity offers a property comprising of 4 units, collectively generating a monthly rental income of R31,000. Perfectly designed for tenants seeking comfort and convenience, each unit is thoughtfully laid out to cater to a variety of needs.

Property Breakdown:

- Unit 1:

2 bedrooms

Study

1 bathroom ( shower, toilet , basin )

kitchenette

lounge

- Unit 2 :

2-bedrooms

1.5 bathrooms ( shower, toilet, basin + guest toilet )

lounge with fireplace

spacious kitchen with caesarstone tops, ELO +hob

- Unit 3 (Double Storey):

3 bedrooms or 2 bedrooms + a study

3 bathrooms ( 2 x shower, toilet, basin , 1 x bath basin, toilet )

Open plan lounge & kitchenette

2nd lounge

Deck off main bedroom

Unit 4:

1 bedroom with a full en-suite bathroom

A loft room overlooking the lounge area, perfect for a workspace or guest accommodation

Kitchenette

Entrance area could be utilized for an office space or sun lounge

Features and Amenities:

Outdoor Spaces: Each unit enjoys its own private patio, perfect for relaxing or entertaining.

Communal Areas: Tenants can unwind in the communal garden or take a dip in the pool.

Parking: A 4-car tandem garage provides ample parking space for tenants.

Access there are 2 entrances to the property for added convenience

This property combines excellent rental income potential with tenant-friendly amenities, making it a prime investment opportunity. Located in a desirable area, close to Kloof schools with easy access to local amenities, its ideal for long-term financial growth.

The current tenants have been in occupation for the past 5 years.

Dont miss the opportunity to own this income-generating gem! Contact me to schedule a viewing soon!

Property details

  • Listing number T4888482
  • Property type House
  • Listing date 2 Dec 2024
  • Land size 3 718 m²
  • Rates and taxes R 2 737

Property features

  • Bedrooms 8
  • Bathrooms 6.5
  • Lounges 5
  • Dining areas 3
  • Garage parking 4
  • Pet friendly
  • Balcony
  • Patio
  • Pool
  • Security post
  • Staff quarters
  • Study
  • Garden

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