Property description

Serious investors take note. Income-producing residential assets with this combination of existing cash flow and expansion potential rarely become available in Bardene.

Situated in a secure gated area, this well-maintained multi-unit property currently generates approximately R40,000 per month in rental income, offering immediate return while still leaving substantial room for future development.

Set on a large 2,500sqm erf, the property currently accommodates five fully independent residential units, designed to maximise tenant privacy and simplify long-term management.

Existing Income Structure

The property consists of five self-contained units, ranging from a modern studio to spacious two-bedroom layouts. Each unit includes:

• Private lounge area
• Fully fitted kitchen
• Dedicated bathroom facilities
• Pre-paid electricity meters for simplified utility management
• Select units fitted with gas geysers, reducing electricity costs and improving efficiency

This setup provides a stable rental structure while keeping operational costs manageable for investors.

Expansion & Development Potential

While the current improvements measure approximately 269sqm under roof, the property still offers an extensive additional development footprint of approximately 770sqm.

For investors focused on scaling returns, this opens several opportunities:

• Increase the number of rental units
• Develop additional cottages or cluster-style units
• Enhance the property with communal tenant amenities
• Optimise layout to increase rental density

The large erf size and existing infrastructure provide both immediate income and long-term upside potential.

Security & Tenant Appeal

Secure, well-maintained properties consistently attract stronger tenants and reduce vacancy risk. This property offers:

• Full perimeter electric fencing
• Automated access gate
• Solar-powered security lighting for reliability during outages
• High-speed Wi-Fi connectivity available across the property
• A landscaped and well-maintained garden environment

Investment Snapshot

Erf Size: 2,500 sqm
Current Rental Income: ±R40,000 per month
Total Units: 5 self-contained units
Current Under Roof: ±269 sqm
Additional Development Potential: ±770 sqm
Utilities: Pre-paid electricity & gas geysers
Condition: Well maintained / investor ready

Investor Perspective

Properties offering immediate income, strong land value, and future development potential are becoming increasingly scarce in Bardene.

This asset provides a combination of existing cash flow and expansion opportunity, making it well suited to investors looking to grow a residential rental portfolio.