10 Bedroom House in Wolmer

Five Separate Homes | R26,000 Monthly Rental Income | Excellent Investment Potential

Investors, take note! This rare investment opportunity offers five separate houses on one spacious stand, creating multiple income streams and excellent potential for long-term returns. With four houses already generating a combined rental income of R26,000 per month, and the fifth currently occupied by the owner, this property offers both immediate rental income and the potential to unlock even greater returns in the future.

Each home provides its own living space, with individual features designed for comfortable, independent living. All five houses are fitted with prepaid electricity meters, making electricity management convenient and efficient.

HOUSE 1 RENTAL INCOME: R5,500 PER MONTH

This inviting home offers a separate entrance, carport and private, enclosed backyard. The spacious open-plan kitchen, fitted with a stove, hob and oven, flows into the dining area and lounge, creating a comfortable living environment.

The bedroom features built-in cupboards, while the full bathroom includes a bath, shower, basin and toilet. A front patio provides additional outdoor space to relax and unwind.

HOUSE 2 RENTAL INCOME: R6,500 PER MONTH

Designed for comfortable everyday living, this home offers two bedrooms with built-in cupboards, an open-plan kitchen and lounge, and a full bathroom fitted with a bath, shower, basin and toilet.

Additional features include covered parking and a private backyard garden, providing tenants with their own outdoor retreat.

HOUSE 3 RENTAL INCOME: R6,500 PER MONTH

This well-appointed rental home offers two spacious bedrooms with built-in cupboards and a full bathroom. The open-plan kitchen, dining area and living space create a welcoming atmosphere, ideal for a couple, small family or long-term tenants.

A carport and private garden add further appeal to this attractive rental unit.

HOUSE 4 RENTAL INCOME: R7,500 PER MONTH

Offering comfortable accommodation and excellent rental appeal, this home features two bedrooms with ample built-in cupboards, an open-plan lounge and living area, and a private garden.

A carport provides convenient covered parking, while the practical layout makes this unit an appealing option for tenants seeking comfortable, independent living.

HOUSE 5 SPACIOUS OWNER-OCCUPIED HOME

The fifth residence is currently occupied by the owner and offers an excellent opportunity for buyers seeking a spacious family home alongside an established rental portfolio.

The home features three bedrooms, two bathrooms, an open-plan kitchen, dining area and living space, as well as a dedicated study corner fitted with built-in cupboards.

A covered patio provides the ideal setting for entertaining guests or enjoying relaxed outdoor living. Buyers may also explore the possibility of renting out this residence in the future, subject to their requirements.

ADDITIONAL FEATURES

Five separate houses on one stand

Four established rental income streams

Prepaid electricity meters for all five homes

Five geysers in total: two gas geysers and three electric geysers

Air-conditioning units in working order

Private outdoor areas at selected homes

Covered parking at the rental houses

Multiple accommodation options appealing to long-term tenants

THE INVESTMENT ADVANTAGE

The four rented houses currently generate R26,000 per month, translating to R312,000 in annual rental income, before expenses, vacancies and other property-related costs.

The owner-occupied residence provides additional flexibility, with the potential to introduce a fifth rental income stream should the new owner decide to lease it out.

This is an appealing opportunity for investors seeking an established multi-dwelling property, buyers looking to diversify their property portfolio, or families wanting to live on-site while earning rental income from the additional homes.

Five houses. Multiple income streams. One outstanding investment opportunity!