- 8
- 6
- 3
- 303 m2
- 1 000.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Mun. Rates & Taxes: ZAR 1322.00
Property description
Three-House Investment Property with Established Rental Income
This exceptional multi-unit property in Meiringspark Ext 5 offers a rare investment opportunity with three separate houses on a single 1000 sqm stand. Currently generating R19,500 monthly rental income from three tenanted houses, this property combines owner-occupation potential with proven cash flow.
House 1 features three bedrooms and two bathrooms with a dedicated kitchen and living area, complemented by a lock-up garage.
House 2 provides three bedrooms, two-and-a-half bathrooms, a kitchen, living area, entertainment space, and built-in braai for entertaining.
House 3 offers two bedrooms, two bathrooms, an open-plan kitchen and living area, garage, and both internal and external built-in braai facilities.
Key Features
Three independent houses generating rental income
Eight bedrooms and six bathrooms across all units
Individual prepaid electricity and water meters for each house
Three kitchens, three dining rooms, and three lounges
Three garages and five parking spaces
Electric fencing and security gate for enhanced safety
Wheelchair accessible design
Fibre connectivity available
Braai facilities in multiple units
Situated in secure suburban complex
Each house operates independently with separate utility meters, simplifying tenant management and maintenance. The property's location in a security complex provides peace of mind, whilst the established rental income demonstrates strong market demand. Whether you seek a multi-generational home or an investment property with immediate returns, this offering presents excellent value. Contact us to arrange a viewing and explore this unique opportunity.
Property Details
- 8 Bedrooms
- 6 Bathrooms
- 3 Garages
- 3 Ensuite
- 3 Lounges
- 3 Dining Area
Property Features
- Laundry
- Wheelchair Friendly
- Pets Allowed
- Built In Braai
- Paving
| Bedrooms | 8 |
| Bathrooms | 6 |
| Garages | 3 |
| Floor Area | 303 m2 |
| Erf Size | 1 000.0 m2 |
Contact the Agent
Samantha Riley
Candidate Property Practitioner