Investment Property for sale in Kaalfontein Midrand
SPACIOUS 3-BEDROOM HOME WITH 2 RENTAL COTTAGES – HUGE 388m² CORNER STAND | KAALFONTEIN
A PROPERTY WITH ROOM TO GROW YOUR RENTAL INCOME!
This property offers not only a comfortable 3-bedroom family home, but also an excellent opportunity for someone looking to generate rental income and expand the property’s earning potential.
PROPERTY FEATURES
3 bedrooms
2 bathrooms
2 existing rental cottages
Each cottage currently generates R2,500 per month
Current rental income from cottages: R5,000 per month
Main house can potentially be rented out for approximately R8,500 per month
Large 388m² corner stand
Secure property with a boom gate
HUGE POTENTIAL TO BUILD MORE ROOMS
One of the biggest advantages of this property is the large 388m² corner stand, providing valuable additional space that can potentially be developed into more rental rooms or additional accommodation, subject to municipal approvals and applicable building regulations.
The two existing cottages are already generating R5,000 per month, while the main house could potentially generate approximately R8,500 per month if the buyer chooses to rent out the entire property.
That means the property has the potential to generate approximately R13,500 per month from the existing house and cottages, before adding any additional rental rooms.
The real opportunity lies in the space available to expand. A buyer could potentially add more rental rooms and create an even larger rental-income stream, subject to the necessary approvals.
PRIME KAALFONTEIN LOCATION
Conveniently situated:
Directly opposite the Engen garage
Approximately 1 minute’s walk from Kaalfontein Corner Shopping Centre
9 km from Boulders Mall
13 km from Mall of Africa
LIVE IN THE MAIN HOUSE, COLLECT RENTAL INCOME FROM THE COTTAGES, OR RENT OUT THE ENTIRE PROPERTY.
WITH A POTENTIAL EXISTING RENTAL INCOME OF APPROXIMATELY R13,500 PER MONTH AND A 388m² STAND WITH SPACE TO DEVELOP MORE ROOMS, THIS PROPERTY OFFERS SIGNIFICANT ROOM FOR FUTURE RENTAL GROWTH.
388m² OF LAND. EXISTING RENTAL INCOME. SPACE TO EXPAND.
Contact us today to arrange a viewing.
A PROPERTY WITH ROOM TO GROW YOUR RENTAL INCOME!
This property offers not only a comfortable 3-bedroom family home, but also an excellent opportunity for someone looking to generate rental income and expand the property’s earning potential.
PROPERTY FEATURES
3 bedrooms
2 bathrooms
2 existing rental cottages
Each cottage currently generates R2,500 per month
Current rental income from cottages: R5,000 per month
Main house can potentially be rented out for approximately R8,500 per month
Large 388m² corner stand
Secure property with a boom gate
HUGE POTENTIAL TO BUILD MORE ROOMS
One of the biggest advantages of this property is the large 388m² corner stand, providing valuable additional space that can potentially be developed into more rental rooms or additional accommodation, subject to municipal approvals and applicable building regulations.
The two existing cottages are already generating R5,000 per month, while the main house could potentially generate approximately R8,500 per month if the buyer chooses to rent out the entire property.
That means the property has the potential to generate approximately R13,500 per month from the existing house and cottages, before adding any additional rental rooms.
The real opportunity lies in the space available to expand. A buyer could potentially add more rental rooms and create an even larger rental-income stream, subject to the necessary approvals.
PRIME KAALFONTEIN LOCATION
Conveniently situated:
Directly opposite the Engen garage
Approximately 1 minute’s walk from Kaalfontein Corner Shopping Centre
9 km from Boulders Mall
13 km from Mall of Africa
LIVE IN THE MAIN HOUSE, COLLECT RENTAL INCOME FROM THE COTTAGES, OR RENT OUT THE ENTIRE PROPERTY.
WITH A POTENTIAL EXISTING RENTAL INCOME OF APPROXIMATELY R13,500 PER MONTH AND A 388m² STAND WITH SPACE TO DEVELOP MORE ROOMS, THIS PROPERTY OFFERS SIGNIFICANT ROOM FOR FUTURE RENTAL GROWTH.
388m² OF LAND. EXISTING RENTAL INCOME. SPACE TO EXPAND.
Contact us today to arrange a viewing.
Monthly Rates
R1,692
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
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Tshepo Mabetoa
Qualified Property Practitioner
Kaalfontein, Midrand
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Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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Disclaimer
While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
