1 Bedroom House in Bezuidenhout Valley

Investors!! Prime Multi-Unit Residential Property

OPENING BID: R 1 700 000.00

Attention!! Serious investors and portfolio builders. This is a rare chance to acquire a high-density,

income-generating residential asset optimized for maximum net returns and minimal landlord headaches.

Situated across two adjacent properties, this portfolio consists of 12 total units designed to keep overhead

low and tenant utility management effortless.

Why This Asset Belongs in Your Portfolio:

- Smart Utility Infrastructure: Every single unit is equipped with individual Prepaid Electricity and

Prepaid Water meters. This completely mitigates the risk of tenant utility defaults and drastically simplifies

your monthly administration.

- Off-Grid Water Security: The property boasts a fully integrated borehole system connected to a

10,000L JoJo tank, which is completely piped to all units. This infrastructure significantly hedges against

municipal water disruptions and keeps operational costs predictable.

- Low-Maintenance Construction: The buildings feature 75 facebrick exteriors, drastically reducing

long-term maintenance, painting, and upkeep costs.

- Dedicated Parking: 12 secure parking bays on-site allocated at 1 bay per unit.

Financial Breakdown &amp Income Optimization

This portfolio is already a proven earner, with immediate upside potential waiting to be unlocked by the

successful bidder.

Portfolio Summary

- Current Total Net Income: R38,900 per month

- Projected Net Income Fully Let: R42,000 per month

- Current Total Expenses: Only R6,050 per month combined

Property-by-Property Breakdown

Property 1

Consists of 5 spacious 2-bedroom units

- Current Gross Income: R18,000

- Fixed Expenses: R2,089.18 Sewer: R802.40 | Refuse: R376.05 | Rates: R910.73

- Current Net Income: R15,910.82

Property 2

Consists of 4 x 2-bedroom units and 2 x 3-bedroom units

- Current Gross Income: R27,000

- Expenses: R3,950 Water: R3,700 | Prepaid Meter Fee: R250 | SewerRefuseRates combined

with No. 49

- Current Net Income: R23,050

Properties with this level of utility control, robust infrastructure, and steady cash flow rarely hit the auction

block.

KERATIN PROPERTIES PTY LTD trading as REMAX Genesis Houghton operates in terms of a franchise agreement with REMAX of Southern Africa.