3 Bedroom House in Kaalfontein

3153 pom-pon street

3 1 388 m²

Investment Property for sale in Kaalfontein Midrand

SPACIOUS 3-BEDROOM HOME WITH 2 RENTAL COTTAGES HUGE 388m² CORNER STAND | KAALFONTEIN

A PROPERTY WITH ROOM TO GROW YOUR RENTAL INCOME!

This property offers not only a comfortable 3-bedroom family home, but also an excellent opportunity for someone looking to generate rental income and expand the propertys earning potential.

PROPERTY FEATURES

3 bedrooms

2 bathrooms

2 existing rental cottages

Each cottage currently generates R2,500 per month

Current rental income from cottages: R5,000 per month

Main house can potentially be rented out for approximately R8,500 per month

Large 388m² corner stand

Secure property with a boom gate

HUGE POTENTIAL TO BUILD MORE ROOMS

One of the biggest advantages of this property is the large 388m² corner stand, providing valuable additional space that can potentially be developed into more rental rooms or additional accommodation, subject to municipal approvals and applicable building regulations.

The two existing cottages are already generating R5,000 per month, while the main house could potentially generate approximately R8,500 per month if the buyer chooses to rent out the entire property.

That means the property has the potential to generate approximately R13,500 per month from the existing house and cottages, before adding any additional rental rooms.

The real opportunity lies in the space available to expand. A buyer could potentially add more rental rooms and create an even larger rental-income stream, subject to the necessary approvals.

PRIME KAALFONTEIN LOCATION

Conveniently situated:

Directly opposite the Engen garage

Approximately 1 minutes walk from Kaalfontein Corner Shopping Centre

9 km from Boulders Mall

13 km from Mall of Africa

LIVE IN THE MAIN HOUSE, COLLECT RENTAL INCOME FROM THE COTTAGES, OR RENT OUT THE ENTIRE PROPERTY.

WITH A POTENTIAL EXISTING RENTAL INCOME OF APPROXIMATELY R13,500 PER MONTH AND A 388m² STAND WITH SPACE TO DEVELOP MORE ROOMS, THIS PROPERTY OFFERS SIGNIFICANT ROOM FOR FUTURE RENTAL GROWTH.

388m² OF LAND. EXISTING RENTAL INCOME. SPACE TO EXPAND.