R 2 500 000
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4 Bedroom House in Olivedale

4 3 6 1 260 m² 205 m²

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

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