8 Bedroom House in Montgomery Park

This property is an ideal investment for anyone seeking a significant and consistent income stream. Perfectly designed for multi-tenant occupancy, it offers a diverse range of accommodation options that cater to various rental needs.

Accommodation Breakdown

The main house features five spacious bedrooms, all equipped with built-in cupboards, sharing four well-appointed bathrooms. This setup is perfect for communal living, such as student accommodation or co-living arrangements.

Adding to the income potential are three separate, self-contained flats. Each flat boasts an open-plan bedroom, a convenient kitchenette, and a private bathroom, all with their own separate entrance, ensuring privacy and independence for tenants.

Further enhancing the rental possibilities is an outside domestic room with a separate toilet, which can easily be utilized as an additional income-generating unit.

Key Features & Amenities

The property sits on a large erf (yard) that provides ample parking with a double carport and additional open parking for over 8 vehicles, a significant draw for multiple tenants. A covered patio offers a communal outdoor space. Practical additions include outside basins for washing, a thoughtful inclusion for residents. Each unit has its own pre-paid electricity meter.

Environmentally conscious and cost-effective, the property benefits from solar energy (on a rental contract) and gas geysers for hot water, reducing utility expenses for both the owner and tenants.

Location

Strategically located in a desirable area, the property offers easy access to a wide array of shopping, educational, and medical facilities/services. This prime location ensures high demand for rentals and convenience for all residents.

This property is a turn-key solution for investors looking for a robust income generator with diverse rental options and excellent amenities in a sought-after location.