R 1 999 000
calculate bond costs

12 Bedroom House in Palmridge

12 1 12 430 m²

Investment Opportunity in Palmridge with 12 Fully Let Cottages!

This high-yield investment property offers 12 self-contained cottages, each featuring a shower, toilet, basin, built-in cupboards, and a fitted stove with under-counter oven ideal for long-term tenants.

The property is well-maintained and equipped with a JoJo tank and pressure pump for reliable water supply. Ample on-site parking ensures convenience for all occupants. Currently tenanted with responsible and long-standing renters, this property offers immediate rental income and low vacancy risk.

Additional features include a built-in braai area and a balcony, adding value and comfort for tenants.

Ideally situated close to the main road, taxi rank, schools, and just minutes from the Palmridge Magistrate Court, making it highly attractive for tenants.

Secure your next income-generating asset today!

GRANITE PARK INVESTMENTS 73 CC trading as RE/MAX All Stars (Alberton) operates in terms of a franchise agreement with RE/MAX of Southern Africa.

Property details

  • Listing number T5107799
  • Property type House
  • Listing date 7 Jun 2025
  • Land size 430 m²
  • Rates and taxes R 2 000

Property features

  • Bedrooms 12
  • Bathrooms 1
  • En-suite 12
  • Lounges 1
  • Open parking 12
  • Balcony
  • Fenced
  • Storage
  • Kitchen
  • Paving
  • Built In braai

Photo gallery