R 1 150 000
| 11 Bedroom House for Sale in Etwatwa
11
6
10
Investor’s Dream Opportunity – Income-Generating Property with 10 Units
This property offers an ideal investment opportunity with great rental income potential.
Main House:
A neat and functional two bedroom, one bathroom home with an open-plan kitchen and lounge – perfect for an owner-occupier or an additional rental unit.
Rental Units:
A total of nine rental units on the property:
Two units are fully self-contained with private showers, basins, and toilets.
Seven units are efficiently designed to share bathroom facilities, with one full bathroom (shower, toilet, basin) allocated for every 2 units – ensuring tenant comfort and convenience.
Parking:
Ample parking space for up to 10 vehicles. A large carport accommodates 6 cars, ensuring every unit, including the main house, has an allocated parking spot.
Rental Income Potential:
Each unit currently generates a monthly rental of R1,800 – R2,000, offering a monthly gross income of up to R18,000 from the rental units alone. Additional income can be generated from the main house if rented out.
Summary:
With 10 income-generating units, low maintenance needs, and solid rental returns, this property is perfect for seasoned investors or those looking to start a rental portfolio.
Property Overview
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Building
Contact AgentWeb Ref 116021857
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