- 3
- 1
- 495.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Property description
Discover an exceptional, high-yield investment opportunity positioned in the heart of Regents Park. This property is tailor-made for investors seeking an immediate, steady cash flow or a buyer looking for a property that can substantially subsidize their monthly bond repayment. With a solid rental income footprint, this freestanding home offers practical, high-occupancy potential.
The property generates a gross rental income of R9,800.00 per month, which currently includes the rental of the external rooms and two rooms within the main residential structure. This established setup makes it an incredibly lucrative option for a savvy investor looking to add a reliable asset to their real estate portfolio.
*Main House Features*
The main residence is a classic, honest 3-bedroom freestanding home. Keeping maintenance straightforward, the property features functional, basic finishes throughout, completely free of high-maintenance modern additions. The home includes a comfortable lounge and a separate kitchen equipped with built-in cupboards. The flooring offers a neat combination of classic parquet wood floors in the bedrooms and durable tiling across the high-traffic areas, including the kitchen.
*Income-Generating Cottages*
Stepping into the backyard, the property maximizes its footprint with three separate cottages. These rooms are perfect for individual tenants looking for affordable accommodation in an accessible area. To service these units, there are communal outside toilet and shower facilities shared among the backyard tenants, keeping the setup practical and easy to manage from a landlord's perspective.
*External and Security Features*
The property is securely enclosed with a robust brick boundary wall topped with high security palisade fencing and a secure entry gate to ensure peace of mind for all occupants. The paved driveway provides convenient off-street parking space for multiple vehicles, leading past the side of the brick-faced main house. The manageable yard area offers plenty of space for washing lines and outdoor utility use.
Centrally located in Regents Park, this home ensures tenants enjoy easy access to local transport routes, schools, and nearby shopping centers, keeping vacancy rates at an absolute minimum. If you are looking for a property that prioritizes returns, functionality, and rental capacity, this is the perfect project to take your portfolio to the next level. Contact us today to arrange your viewing.
Property Details
- 3 Bedrooms
- 1 Bathrooms
- 1 Lounges
Property Features
- Pets Allowed
- Kitchen
- Paving
- Garden
- Family TV Room
| Bedrooms | 3 |
| Bathrooms | 1 |
| Erf Size | 495.0 m2 |
