4 Bedroom House in Olivedale
Prime Investment Opportunity: High-Yield Multi-Let Property
Gross Rental Income: R18,000 per month
Gross Annual Yield: 9.4
An outstanding, high-performing asset tailored for astute investors! This spacious property has been cleverly divided into three separate, self-contained residential units, offering immediate income from day one. Situated on a generous plot, the setup maximizes rental yields while offering distinct, comfortable living environments for each tenant. Fully walled and gated, the property is secure and very well maintained.
Unit 1 & Unit 2 1-Bedroom Apartments
Living Space: Generous private lounge filled with natural light.
Kitchen: Fully fitted kitchen with counter space and dedicated storage.
Bedroom & Bath: Well-proportioned bedroom with a full bathroom.
Outdoor Access: Direct flow onto a shared central courtyard.
Unit 3 2-Bedroom Apartment
Living & Dining: Airy open-plan lounge seamlessly integrated with a modern kitchen.
Bedrooms & Bath: Two comfortable, well-sized bedrooms served by a full bathroom.
Outdoor Access: Features its own private covered patio, perfect for entertaining and relaxing outdoors.
Key Investment Highlights
Immediate Cash Flow: Generating R18,000 per month in rental revenue.
Risk Diversification: Spread your rental risk across three independent tenancies to minimize vacancy exposure.
Tenant Appeal: Each unit functions as an independent home with private living and cooking facilities, ensuring high tenant retention.
Low Maintenance Design: Designed for durability and easy management.
Please call or whatsapp to arrange a viewing.
Property details
- Listing number T5588598
- Property type House
- Listing date 16 Aug 2026
- Land size 1 260 m²
- Floor size 205 m²
- Rates and taxes R 1 377
Property features
- Bedrooms 4
- Bathrooms 3
- Lounges 3
- Dining areas 3
- Open parking 6
- Pet friendly
- Security post