R 1 950 000
calculate bond costs

7 Bed House in Caversham Glen

7 4 2 899 m²

Investors, pay attention to this incredible opportunity in Caversham Glen, Pinetown!

Presenting a fabulous income-earning home that currently operates as a tenanted property, this residence is divided into four separate units, each generating a steady rental income.

Unit 1 sets the standard with its generous layout featuring three bedrooms, two bathrooms, a dining room, a spacious lounge, and a well-equipped kitchen. This unit commands a monthly rental income of R7000, making it an excellent investment choice.

Unit 2 offers a cozy one-bedroom space, complete with an open plan lounge and kitchen. Generating a rental income of R3200 per month, this unit appeals to individuals or couples seeking a comfortable living environment.

Unit 3 presents a bachelor unit, featuring a shower and a practical layout. With a rental income of R2500 per month, this unit provides an affordable and compact living arrangement for tenants.

Unit 4 mirrors the layout of Unit 1, boasting three bedrooms, two bathrooms, a dining room, a spacious lounge, and a fitted kitchen. This impressive unit commands a rental income of R7000 per month, delivering substantial returns on your investment.

Notably, this property offers the advantage of pre-paid electricity, ensuring convenient management and simplified billing for both landlords and tenants. Water expenses are shared among the units, further streamlining the operational aspects of this income-earning property.

Additionally, this property holds tremendous potential as it can easily be converted back into a single-family home, complete with a flatlet and a garage. This flexibility allows for versatile usage options, accommodating the changing needs and preferences of future owners.

Don''t miss this remarkable opportunity to acquire an income-generating property with the potential for conversion into a spacious single-family home with a flatlet and garage. Act now and secure your investment in Caversham Glen, Pinetown.

Property details

  • Listing number T4259619
  • Property type House
  • Erf size 899 m²
  • Rates and taxes R 895

Property features

  • Bedrooms 7
  • Bathrooms 4
  • En-suite 3
  • Lounges 3
  • Dining Areas 2
  • Open Parkings 2
  • Flatlets
  • Pet Friendly
  • Balcony
  • Fenced
  • Laundry
  • Patio
  • Staff Quarters
  • Storage
  • Garden
  • Guest Toilet
  • Aircon

Photo gallery