- 6
- 6
- 1
- 417 m2
- 1 202.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1500.00
Property description
Exceptional Multi-Unit Investment Property in Horison
This fully tenanted residential investment property offers substantial rental income with established lease agreements already in place. The main house comprises three tiled bedrooms with built-in cupboards, a spacious tiled lounge, separate dining room, and fitted kitchen with gas stove. Entertainment facilities include a dedicated area with jacuzzi and built-in braai, perfect for entertaining or relaxation.
The property features five additional rental units generating consistent monthly income of approximately R35,000. Three units offer bedroom, bathroom, open-plan lounge and kitchen with sliding doors to patios. One smaller flat provides tiled open-plan bedroom with kitchenette and bathroom. A wendy house includes open-plan bedroom, kitchen, bathroom, patio and private garden. All units feature prepaid electricity and gas stoves for tenant convenience.
Key Features
6 bedrooms and 6 bathrooms across main house and rental units
Fully tenanted with established lease agreements in place
Consistent monthly rental income of approximately R35,000
Comprehensive security: alarm system, CCTV cameras, access gate
Entertainment amenities: jacuzzi, built-in braai, braai room
Single lockup garage for the main house and extra tenant parking, and prepaid electricity throughout
Fibre connectivity available
1,202 sqm corner stand, fully fenced and walled
Security and amenities are comprehensive, with alarm system, CCTV cameras, and secure access gate protecting the large corner stand. A single lockup garage provides additional parking. Fibre connectivity is available throughout the property. This established investment generates reliable income with minimal management requirements. The combination of main residence and multiple rental units creates an attractive opportunity for investors seeking cash flow and property appreciation. Contact us to arrange a viewing of this exceptional income-producing asset.
Property Details
- 6 Bedrooms
- 6 Bathrooms
- 1 Garages
- 1 Lounges
- 1 Dining Area
Property Features
- Patio
- Staff Quarters
- Laundry
- Pets Allowed
- Access Gate
- Alarm
- Kitchen
- Built In Braai
- Entrance Hall
- Paving
- Garden
| Bedrooms | 6 |
| Bathrooms | 6 |
| Garages | 1 |
| Floor Area | 417 m2 |
| Erf Size | 1 202.0 m2 |
