9 Bed House in Malvern
Discover an exceptional investment opportunity with this multi-tenanted property,
Discover an exceptional investment opportunity with this multi-tenanted property, perfectly situated in a prime location.
This gem offers a spacious main house featuring three bedrooms, two bathrooms, an office/study and a welcoming living area, ideal for family comfort. In addition, there are four additional rental units on the property, each already occupied by reliable tenants, some of whom are happy to stay on, ensuring immediate rental income.
Two of the units boast two bedrooms each, offering ample living space for small families or small offices. The remaining two units are bachelor-style, catering to single tenants or couples seeking a cozy and affordable option. All units are equipped with prepaid electricity and water meters, simplifying utility management for both tenants and the landlord.
Conveniently located within walking distance to the main road, Malvern Park, and public transport links, this property offers unbeatable accessibility and ease of living. Its proximity to local amenities makes it highly desirable for tenants, ensuring high occupancy rates and consistent returns.
Whether youre a seasoned investor or just starting your portfolio, this property is a rare find. The current owner is motivated for an urgent sale, making this the perfect time to secure a property with substantial income potential. With a little bit of your own touches like painting high pressure roof cleaning etc, the rental income can definitely increase.
Dont miss this chance to invest in a thriving, tenant-ready opportunity.
Property details
- Listing number T4891499
- Property type House
- Listing date 4 Dec 2024
- Land size 1 364 m²
- Floor size 569 m²
- Rates and taxes R 2 000
Property features
- Bedrooms 9
- Bathrooms 5
- Lounges 5
- Dining areas 5
- Open parking 20
- Flatlets
- Pet friendly
- Fenced
- Pool
- Wheel chair friendly
- Entrance hall
- Kitchen
- Garden cottage
- Electric fencing
- Guest toilet
- Aircon