3 BEDROOM HOUSE & 5 BEDROOM FLAT - HIGH INCOME INVESTMENT PROPERTY

R1,450,000
Property Details

This is an exceptional chance to secure a high-income investment property. With two separate dwellings, each with its own entrance, and strong rental demand in the area. This property is built for investors looking for immediate returns and long-term growth. Approved building plans are already in place, adding further potential.

The property consists of a main house and large flat:

Main House:

  • 3 Bedrooms

  • Lounge, kitchen and bathroom

  • Neat garden with boma and entertainment area
  • Borehole with off-grid water supply

  • 4 Carports

  • Approved building plans.

Flat:

  • Own Entrance and Parking

  • 5 Bedrooms

  • Lounge, kitchen and bathroom

  • Small private garden

  • 1 Covered parking and 3 open parking bays

  • Own prepaid electricity meter.

Why This Investment?

  • Two independent income-generating units.

  • Combined potential rental income of nearly R20 000 per month

  • Borehole with off-grid water supply

  • Approved plans in place for further value-add

  • Strong rental demand in Claremont.

This is a serious income-generating property that you don’t want to miss. Properties with this level of rental return and future potential rarely come to market, and make sure you are there on auction day.

Property Features
Property Type
House
Bedrooms
3
Bathrooms
2
Covered Parking
4
Open Parking
4
Land Size
851m²
Living Area
1
Additional Information
Grade
C2
Location
Make an enquiry
Interested in this property? Please fill in your details below, and we will contact you as soon as possible.
By clicking on "submit" you agree to our privacy policy.
Property Alerts
Receive email alerts for properties matching your criteria.
You may also be interested in these properties
R 1,400,000
House for sale in Capital Park
Charming Family Home With Fireplace, Pool & Separate Flat
3-bedroom, 1-bathroom home with a 2-bedroom flat, swimming pool, and 932 m² land size. Covered parking for 2.
3
1
932m²
R 1,800,000
House for sale in Eersterust
Luxury Multi-unit Property For Sale In Eersterust – Mountain-side Elegance With Investment Potential
7 bedrooms, 7 bathrooms, 10-car garage, 6 open parking bays on 641 m² land. Multi-unit investment property in Eersterust.
7
7
10
641m²
R 1,500,000
House for sale in Riviera
Quaint And Classy!
Two bedrooms, two bathrooms, two garages on 436 m². Ideal for sharing, close to Steve Biko hospital.
2
2
2
436m²