7 Bedroom House in Capital Park

INCOME-GENERATING PROPERTY WITH 7 BEDROOMS IN TOTAL CAPITAL PARK

Excellent investment opportunity with two separate rental components and an attractive potential gross rental yield walking distance from Steve Biko Hospital

This versatile property in established Capital Park offers an excellent opportunity for investors, extended families or buyers looking to generate additional rental income. The property consists of a spacious 5-bedroom, 3-bathroom main residence together with a separate 2-bedroom, 2-bathroom flat, providing the potential for two independent rental streams.

The main house offers generous living space, modern kitchens and tiled bathrooms, together with a private garden and swimming pool. Secure parking is provided under a steel-roof carport. The spacious layout makes the home suitable for a large family or rental accommodation.

The separate 2-bedroom flat has its own access and features two bedrooms, two bathrooms and an open-plan lounge and kitchen. This provides excellent flexibility and could be suitable for professionals, medical staff or students working or studying in the nearby area.

The estimated rental potential is approximately R12,500 per month for the main house and R6,500 per month for the flat, giving a potential combined rental income of approximately R19,000 per month.

At the asking price of R1,795,000, the estimated annual rental income of R228,000 equates to a potential gross rental yield of approximately 12.7, before vacancies, maintenance, rates, insurance and other property-related expenses.

The property is conveniently located in Capital Park, with easy access to Steve Biko Academic Hospital, Pretoria CBD, major routes, schools, shops and other amenities. Its flexible configuration makes it suitable for a variety of rental strategies or for an owner-occupier wanting additional income from the separate flat.

A property offering space, flexibility and the potential for an attractive rental return.

Asking Price: R1,795,000

Estimated Rental Income: R19,000 per month

Potential Gross Yield: 12.7

7 Bedrooms | 5 Bathrooms | Separate 2-Bedroom Flat | Pool | Secure Parking

Contact Kobus today to arrange a viewing.