9 Bed House in Malvern
Investment Opportunity in Queensburgh
Discover this exceptional property located in the heart of Queensburgh, offering an incredible opportunity for rental income and long-term value appreciation. Situated on a spacious 1,369 sqm level plot, the property includes five separate units: a three-bedroom house, two two-bedroom units, and two studio apartments, all equipped with independent prepaid electricity and water meters. This sought-after location, just a short walk from Malvern Park, ensures high demand among renters. The property features a large swimming pool and a charming wooden cabin, adding to its appeal. Its single-storey design and separate utilities make it low-maintenance, while renovation and modernization offer the potential to increase rental returns. With an existing monthly income of R29,500 and property values in Queensburgh on the rise, this is an outstanding investment opportunity not to be missed. Secure your viewing today and unlock the rewards of a high-demand area with diversified income streams and significant growth potential.
Property details
- Listing number T4892953
- Property type House
- Listing date 5 Dec 2024
- Land size 1 364 m²
- Floor size 569 m²
- Rates and taxes R 2 000
Property features
- Bedrooms 9
- Bathrooms 6
- Lounges 9
- Flatlets
- Pet friendly
- Pool