11 Bedroom House in Wolmer

A Rare Investment Offering with Multiple Rental Income Streams!

Calling all investors! This unique property offers an excellent opportunity to own five separate houses on one spacious stand, making it ideal for generating rental income while offering comfortable and independent living spaces for families. Each house has its own features, private outdoor spaces where applicable, and prepaid electricity meters, making this an attractive investment for anyone looking to expand their property portfolio. Four of the houses are currently generating a combined rental income of R26,000 per month, with the fifth house currently occupied by the owner.

HOUSE 1 Rental Income: R5,500 per month

House 1 offers its own separate entrance, a carport and a private, enclosed backyard. The interior features a spacious open-plan kitchen fitted with a stove, hob and oven, flowing into the dining area and lounge to create a comfortable living space. The well-sized bedroom includes built-in cupboards, while the full bathroom is fitted with a shower, bath, basin and toilet. A patio at the front of the house provides additional outdoor space to relax and unwind.

HOUSE 2 Rental Income: R6,500 per month

House 2 offers comfortable accommodation with two bedrooms, both fitted with built-in cupboards. The open-plan kitchen and lounge create a practical living environment, while the full bathroom includes a bath, shower, basin and toilet. The property also offers covered parking and a private garden at the back, providing extra outdoor space for the occupants to enjoy.

HOUSE 3 Rental Income: R6,500 per month

House 3 is another attractive rental unit, offering covered parking and a private garden. Inside, the open-plan kitchen, dining area and living space create a welcoming atmosphere for everyday living. The home features two well-sized bedrooms, both fitted with built-in cupboards, as well as a full bathroom, making it suitable for a small family, couple or tenants seeking comfortable accommodation.

HOUSE 4 Rental Income: R7,500 per month

House 4 currently offers two bedrooms with ample built-in cupboards, an open-plan lounge and living area, and a private garden. A carport provides convenient covered parking. This unit offers comfortable living spaces and presents an appealing rental opportunity, with potential for investors to explore the property''s future possibilities.

HOUSE 5 Main Owner-Occupied Residence

The fifth house is currently occupied by the owner and offers spacious accommodation with an open-plan kitchen, dining area and living space, creating a welcoming environment for family living. The home features three bedrooms and two bathrooms, along with a dedicated study corner fitted with built-in cupboards. A covered patio provides the perfect space to relax or entertain guests while enjoying the outdoor surroundings.

ADDITIONAL FEATURES AND INVESTMENT BENEFITS

All five houses are fitted with prepaid electricity meters, allowing for convenient electricity management. The property has five geysers in total, consisting of two gas geysers and three electric geysers. All air-conditioning units are in working order, adding to the comfort of the homes. Each house offers spacious living areas, making the property suitable for families and long-term tenants.

THE INVESTMENT POTENTIAL

With four houses currently generating a combined rental income of R26,000 per month, this property offers an opportunity to earn. The fifth house is currently owner-occupied, providing the possibility of additional rental income in the future, should the owner wish to rent it out.

Whether you are an established investor looking to expand your portfolio or a buyer seeking a property with multiple income streams, this is an opportunity worth exploring.

Don''t miss out on this exceptional investment opportunity! Contact me today to arrange a viewing.

We are available for your convience during the day after hours or weekends - we assist with free and obligation free pre approvals in minutes.