Property description

High-Yield Investment Opportunity in Bloemside Phase 5!

Unlock significant rental potential with this well-maintained property, strategically located in the heart of Bloemside Phase 5. This unique offering presents an ideal opportunity for savvy investors seeking a self-paying bond or homeowners looking for a residence that generates substantial income. This original RDP home, enhanced with modern extensions, stands as a rare find in a high-demand rental area.

The primary residence is neat and well-kept, featuring a functional layout that includes two comfortable bedrooms, a full bathroom, and an open-plan kitchen and lounge area. A large carport provides ample space for up to three vehicles, ensuring convenience for residents.

The standout feature of this property is its income-generating potential, derived from two separate outbuildings. Each outbuilding is purpose-built and comprises two spacious bedrooms, currently generating a proven income of R3,300 per unit, totalling R6,600 per month. When combined with an estimated rental income of R4,000 per month for the main house, the property boasts a total monthly income potential of approximately R10,600. This robust income stream is designed to comfortably cover bond repayments and maintenance costs, making it a true "cash cow" asset.

This property represents a compelling investment in a sought-after location. Don’t miss this high-yield opportunity to secure a valuable asset with immediate returns.

Key Features

• 6 Bedrooms, 1 Bathroom
• 3 Parking Spaces (Carport)
• 394 sqm Erf Size
• Main Residence with 2 Bedrooms
• Two Independent 2-Bedroom Outbuildings
• Total Monthly Income Potential: ±R10,600
• Well-Maintained with Modern Extensions
• Located in High-Demand Rental Area

Contact us today to schedule your private viewing and embark on your investment journey!