INVESTMENT OPPORTUNITY IN MOSELEY | DEVELOPMENT POTENTIAL
INVESTMENT OPPORTUNITY IN MOSELEY | DEVELOPMENT POTENTIAL
Investors, this is the kind of property where location, existing income and future development potential come together.
Positioned in Moseley, this substantial Income-generating property offers a unique opportunity to acquire a well-established rental asset with Multiple Residential Units, an Office component, and approximately 1,000 sqm of Vacant land that could potentially unlock further development opportunities, subject to the necessary municipal approvals.
EXISTING RENTAL INCOME: R51,000 PER MONTH
The property currently generates approximately R51,000 in monthly rental income, providing a strong income stream that can contribute towards bond repayments and enhance the investment profile:
Unit Description Monthly Rental
Unit 1 Office R8,000
Unit 2 3-bedroom home with garden & pool R11,000
Unit 3 1-bedroom unit R5,000
Unit 4 3-bedroom home with double garage R12,000
Units 5 & 6 2-bedroom units R15,000 combined
Total R51,000 p/m
That's R612,000 in gross scheduled Rental income per year, before Expenses, vacancies, and other Ownership costs.
THE DEVELOPMENT OPPORTUNITY
Adding another layer of potential is approximately 1,000 sqm of vacant land.
There is an opportunity to investigate the development of up to four additional units, potentially creating another income stream and increasing the property's overall rental-producing capacity. Any additional development would, of course, be subject to zoning, municipal approvals, services, building regulations and feasibility.
COMFORTABLE, TENANT-FRIENDLY ACCOMMODATION
The existing homes have been designed with practical family living in mind, featuring:
• Tiled interiors throughout
• Air conditioning
• Pet-friendly accommodation
• Secure lock-up-and-go appeal
• Prepaid electricity
• Prepaid water
• Multiple residential configurations
• Garden and pool at the 3-bedroom home
• Double garage at one of the 3-bedroom units
The prepaid utilities provide an additional level of convenience and control for both landlord and tenants.
LOCATION MATTERS
The property is conveniently positioned with access towards the M7 and N3, while its main-road position provides excellent accessibility to surrounding areas.
The surrounding amenities shown include:
• Mat On One On – approximately 0.33 km
• Magic Moments Preschool – approximately 0.76 km
• Northdene Junior Primary School – approximately 0.88 km
• Sturgeon Motors – approximately 0.48 km
• Paradise Medical Centre – approximately 1.91 km
• Paradise Junction – approximately 1.95 km
• The Courtyard Centre – approximately 2.97 km
• Pineville Junction – approximately 3.14 km
This combination of accessibility, established accommodation and proximity to everyday amenities supports the property's appeal as a multi-income rental investment.
WHY THIS PROPERTY DESERVES YOUR ATTENTION
R51,000 monthly rental income.
R612,000 scheduled gross rental income annually.
Approximately 1,000 sqm of additional land.
Potential for further development, subject to approvals.
Multiple income-producing units.
Main-road positioning with M7 & N3 accessibility.
For an investor looking beyond a conventional residential property, this is an opportunity to acquire an income-producing asset with potential for future growth.
Location. Income. Development Potential.
Investors, don't overlook this one.
Contact Jean Reddy & Bradley Edwin today to arrange an exclusive viewing and explore the investment potential of this Moseley property.
Investors, this is the kind of property where location, existing income and future development potential come together.
Positioned in Moseley, this substantial Income-generating property offers a unique opportunity to acquire a well-established rental asset with Multiple Residential Units, an Office component, and approximately 1,000 sqm of Vacant land that could potentially unlock further development opportunities, subject to the necessary municipal approvals.
EXISTING RENTAL INCOME: R51,000 PER MONTH
The property currently generates approximately R51,000 in monthly rental income, providing a strong income stream that can contribute towards bond repayments and enhance the investment profile:
Unit Description Monthly Rental
Unit 1 Office R8,000
Unit 2 3-bedroom home with garden & pool R11,000
Unit 3 1-bedroom unit R5,000
Unit 4 3-bedroom home with double garage R12,000
Units 5 & 6 2-bedroom units R15,000 combined
Total R51,000 p/m
That's R612,000 in gross scheduled Rental income per year, before Expenses, vacancies, and other Ownership costs.
THE DEVELOPMENT OPPORTUNITY
Adding another layer of potential is approximately 1,000 sqm of vacant land.
There is an opportunity to investigate the development of up to four additional units, potentially creating another income stream and increasing the property's overall rental-producing capacity. Any additional development would, of course, be subject to zoning, municipal approvals, services, building regulations and feasibility.
COMFORTABLE, TENANT-FRIENDLY ACCOMMODATION
The existing homes have been designed with practical family living in mind, featuring:
• Tiled interiors throughout
• Air conditioning
• Pet-friendly accommodation
• Secure lock-up-and-go appeal
• Prepaid electricity
• Prepaid water
• Multiple residential configurations
• Garden and pool at the 3-bedroom home
• Double garage at one of the 3-bedroom units
The prepaid utilities provide an additional level of convenience and control for both landlord and tenants.
LOCATION MATTERS
The property is conveniently positioned with access towards the M7 and N3, while its main-road position provides excellent accessibility to surrounding areas.
The surrounding amenities shown include:
• Mat On One On – approximately 0.33 km
• Magic Moments Preschool – approximately 0.76 km
• Northdene Junior Primary School – approximately 0.88 km
• Sturgeon Motors – approximately 0.48 km
• Paradise Medical Centre – approximately 1.91 km
• Paradise Junction – approximately 1.95 km
• The Courtyard Centre – approximately 2.97 km
• Pineville Junction – approximately 3.14 km
This combination of accessibility, established accommodation and proximity to everyday amenities supports the property's appeal as a multi-income rental investment.
WHY THIS PROPERTY DESERVES YOUR ATTENTION
R51,000 monthly rental income.
R612,000 scheduled gross rental income annually.
Approximately 1,000 sqm of additional land.
Potential for further development, subject to approvals.
Multiple income-producing units.
Main-road positioning with M7 & N3 accessibility.
For an investor looking beyond a conventional residential property, this is an opportunity to acquire an income-producing asset with potential for future growth.
Location. Income. Development Potential.
Investors, don't overlook this one.
Contact Jean Reddy & Bradley Edwin today to arrange an exclusive viewing and explore the investment potential of this Moseley property.
Monthly Rates
R2,260
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
Print
Jean Reddy
Agent
Bradley Edwin
Agent
Moseley Park, Pinetown
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
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.
