2 Bedroom House in Bathurst

103 Bathurst Street R838,000

Historic Cottage, Exceptional Yield, Long-Term Tenant in Place

This is the investment property youve been waiting for.

This 81 m, 2-bedroom Bathurst Street cottage combines history, charm, and consistent cash flow. The property includes a cosy living room with fireplace, neat quarry-tiled kitchen, bathroom, and a large back garden with a 13 m shed ideal for storage.

Why Investors Will Love This:

Stable Tenant: Currently in their 3rd year, with a 12-month lease already signed for 2026 rare in the Makhanda market

Above-Average Returns: 10-year net income forecast of R744,580

Low Vacancy Risk: Appeals to working professionals, not just students

Solid Rental Escalations: 5% p.a. increases built in

Maintenance-Friendly: Simple layout, robust finishes, easy to manage

While there is no off-street parking, tenants value the walkable location, generous back garden, and character that flats simply cant offer.

If you are comparing this to a student rental flat, consider this: flats often mean 10-month leases, more frequent turnover, and higher wear and tear. 103 Bathurst Street delivers a full 12 months of income, year after year.

This is the perfect buy-and-hold asset for investors seeking reliable cash flow and long-term capital appreciation.

Request the full 10-year financial forecast and book a viewing today.