• 4
  • 2
  • 495.0 m2

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Property description

Rental income from outbuildings: R11 400 per month 

This is the type of property that deserves serious attention from both homeowners and investors. 

At an asking price of just R760 000, this spacious property offers a 4 bedroom family home together with multiple income-producing outbuildings, currently generating approximately R11
400 per month. 

The rental income has the potential to cover a substantial portion - and potentially the full amount depending on the buyer's actual bond terms - of the monthly bond instalment, allowing you to occupy the main house while the additional accommodation works towards carrying the property financially. 

THE MAIN HOUSE 

The inviting main residence offers: 

4 Bedrooms 

2 Bathrooms 

One bathroom with bathtub, toilet and basin 

One bathroom with shower cubicle, toilet and basin 

Spacious Lounge 

Spacious fitted Kitchen 

Walk-in Pantry 

Stoep 

Laundry area 

Ample parking for approximately 4 vehicles 

Generous 495sqm stand 

THE INCOME-PRODUCING OUTBUILDINGS 

The property currently generates approximately: 

R11 400 RENTAL INCOME PER MONTH 

The additional accommodation includes: 

1 room 

Operational spaza shop positioned at the front of the property 

3 back rooms, including a garage converted into a cottage 

2 outside toilets 

This combination provides an excellent opportunity for a buyer looking to live on the property while generating additional rental income. 

LOCATION 

Situated in Bellevue East, the property is conveniently positioned not far from Louis Botha Avenue and within easy reach of many everyday amenities. 

The property is also conveniently located in relation to Yeoville Central Business District, with public transport routes and surrounding commercial and residential areas contributing to the convenience of the location. 

WHY THIS PROPERTY STANDS OUT 

R760,000 asking price
495sqm stand
4-bedroom main house
2 bathrooms
4 income-producing/lettable outbuildings
Operational spaza shop
Current rental income: R11,400 per month

Potential to significantly offset your bond instalment

Live in the main house while earning additional income

Ample parking

High-value location close to major transport routes and amenities 

THE OPPORTUNITY 

Why pay your entire housing cost from your own pocket when the property itself can contribute towards it? 

With approximately R11,400 already being generated from the outbuildings, this property offers a compelling combination of family accommodation, rental income and future value-add potential. 

R760 000 is a price that deserves attention. 

If you're looking for a property that can potentially work for you while you live in it, this Bellevue East opportunity is certainly worth viewing. 

Contact me today to arrange your private viewing. 

   

Property Details

  • 4 Bedrooms
  • 2 Bathrooms
  • 1 Lounges

Property Features

  • Patio
  • Laundry
  • Pets Allowed
  • Kitchen
  • Pantry