- 4
- 2
- 1 121.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Property description
A fantastic investment property generating R23,000 in monthly rental income!
Situated in the sought-after upper side of Kibler Park, this exceptionally neat property presents an outstanding investment opportunity for buyers seeking additional income and long-term value.
Set on a generous 1,121 m² erf, this versatile property comprises a spacious main house and four separate rental flatlets, offering an excellent combination of comfortable family living and reliable rental income.
MAIN HOUSE
The spacious main residence offers:
4 generously sized bedrooms
2 spacious lounges
2 bathrooms
Large fitted kitchen
Swimming pool
Covered carport accommodating up to 6 vehicles
Borehole
Solar panels
FLATLET 1 - R6,500 PER MONTH
2 bedrooms
Spacious lounge
Large kitchen
Neat bathroom
FLATLET 2 - R6,500 PER MONTH
2 bedrooms
Spacious lounge
Large kitchen
Neat bathroom
FLATLET 3 - R6,500 PER MONTH
2 bedrooms
Spacious lounge
Fitted kitchen
Neat bathroom
FLATLET 4 - R3,500 PER MONTH
1 spacious bedroom
Spacious lounge
Fitted kitchen
Neat bathroom
EXCELLENT INVESTMENT RETURNS
The four rental flatlets generate a combined rental income of R23,000 per month, excluding any potential rental income from the main house.
Total annual rental income: R276,000, excluding the main residence.
ADDITIONAL FEATURES
Prepaid electricity
Borehole for added convenience
Solar panels
Covered parking for up to 6 vehicles
Generous 1,121 m² erf
Exceptionally neat and well-maintained property
PRIME LOCATION
Conveniently located in the upper side of Kibler Park, within walking distance of Gordon Road and close to essential amenities, making this property an attractive option for investors and extended families alike.
Whether you are looking to expand your property portfolio, generate additional monthly income, or accommodate an extended family while earning rental income, this property offers exceptional potential.
Asking Price: R2,995,000
Contact Maggie to arrange a viewing today!
Property Details
- 4 Bedrooms
- 2 Bathrooms
- 2 Lounges
Property Features
- Pool
| Bedrooms | 4 |
| Bathrooms | 2 |
| Erf Size | 1 121.0 m2 |
