5 Bedroom House in Birchleigh

Investment Opportunity 5 Rental Units in Birchleigh Ext 1

Address: 48 Cloete Avenue, Birchleigh Ext 1

A fantastic investment opportunity offering 5 rental units in a well-positioned area of Birchleigh Ext 1.

The property currently generates a combined rental income of approximately R19,240 per month, with the units currently achieving:

2 units at R3,500 each

2 units at R4,620 each

1 unit at R4,000

The current rental rates present an opportunity for future rental growth. The owner intends implementing a 10 rental increase after 12 months, creating potential for improved returns over time.

All units are currently secured with 6-month renewable leases, providing flexibility while allowing rental rates and agreements to be reviewed regularly.

Key Highlights

5 rental units

Current rental income: R19,240 per month

Multiple income streams from one property

6-month renewable leases

Planned 10 rental increase after 12 months

Existing tenants in place

Potential for rental growth

Ideal for investors seeking an income-generating property

A great opportunity to secure a multi-unit investment in Birchleigh Ext 1 with established rental income and potential for future growth.