Monthly Bond Repayment R12,386.26
Calculated over 20 years at 11% with no deposit.
Web Ref No JRL30082
High-Yield Multi-Let Investment with Expansion Potential
Unlock the earning power of this 13-bedroom,2.5-bathroom property- a rare opportunity for savvy investors looking to maximize returns through room rentals and future development. Located in a growing area, this property offers strong cash flow potential and value-add upside with space to build even more income- generating units.
Key Investment Features: 13 Bedrooms- perfect for student housing, contractor lodging, or co-living 3 of the 13 bedrooms are outside rooms- ideal for added privacy or separate rental agreements. Separate electricity meters- Each room independently billed for utilities. Communal kitchen- streamlined maintenance and reduced overhead. Room to build more units- large yard offers space for future expansion (subject to council approval) Renovation opportunity- ideal for investors ready to add value and boost ROI.
Whether you're a buy-to-let investor or a developer looking for your next high-yield project, this property delivers on scale, flexibility, and income potential. Bring your vision, renovate to meet market demand, and transform this into a high-performing rental asset.
Contact us today- opportunities with this kind of upside are rare.
Disclosure: The under-roof property size is an estimate, and the agent won't be held liable if it is over or underestimated.
Features
Bedrooms 13
Bathrooms 2.5
Floor Size 430m²
Land Size 1,185m²
Carports/Parkings 2
Pool Yes
Pets Allowed Yes