10 Bedroom House For Sale in Franklin Roosevelt Park
R3,850,000
6 Olive Schreiner Street
Monthly Bond Repayment R40,396.36
Calculated over 20 years at 11.25% with no deposit.
Web Ref No JRL26077
Exceptional Investment Opportunity: 4 Bedroom Home with 6 High-Yield Rental Units –
BANKABLE ASSET – R3 850 000 – 1095 sqm
Presenting a remarkable investment property that promises both immediate cash flow and long-term value appreciation. This 4-bedroom family home is complemented by six separate rental units, each designed to maximize occupancy and rental income.
Whether you’re a seasoned investor or just entering the real estate market, this property offers a compelling proposition for generating steady revenue. The main residence is perfect for a family or owner-occupant, while the strategically placed rental units ensure consistent demand in a highly sought-after location.
Entrance hall, lounge, dining room with sliding doors to covered entertaining patio. Kitchen. Bathroom. Main bedroom, 2nd bedroom, guest toilet. Study area or computer station. Upstairs loft – 2 bedrooms. Separate bedsit cottage or could be 4th bedroom. Bathroom (shower, basin and toilet). Separate entrance from house. Storeroom. Covered patio. Double garage. Extended carport for 5x cars. Plenty off-street parking. Two boundary gates to property. Plenty garden space for avid gardeners.
COTTAGES –
2x – 2 bedroom fully equipped cottages – Open plan lounge/dining room kitchen. 2 bedrooms with full bathrooms
4x Bachelor units. Open plan lounge/kitchen and separate bathroom. All units have unlimited access to the internet.
Extra features – Pre-paid electricity, Gas gylinders,1 solar geyser, 4 electric geysers. Spanish burglar bars, trellidors. Armed response. Electric fence