3 Bedroom House in Claremont

Claremont Income Property: Three Tenanted Units on One Stand, R16,000 pm

A full-title investment in Claremont, Pretoria, with three separately let units on a single 428 m² erf. It is sold fully tenanted, so the income continues from the day of transfer.

PLEASE NOTE - NOT ZONED OR DEVIDED - PROPERTY IS SOLD AS 1 STAND

The property currently generates a combined rental income of R16,000 per month R192,000 per annum, spread across three units:

Main house: R7,000 pm

Park home: R5,000 pm

Wendy house: R4,000 pm

Because the income comes from three tenants rather than one, a single vacancy does not stop the cash flow. The stand sits on Wilhelm Street, with direct road frontage and easy access for tenants.

The main house offers a TV room and dining area, a fitted kitchen with cupboards and work surfaces, tiled floors, 2.5 bedrooms and two bathrooms one en-suite. The park home and Wendy house are positioned on the same erf, each with its own tenant.

Investor highlights:

Full-title ownership on a 428 m² stand

Three income streams: R16,000 pm gross rental

Sold with tenants in place, subject to the existing leases

Main house with two bathrooms, covered parking and paved courtyard

Perimeter walls, window security bars and a security gate

Scope to add value through refurbishment and rental review at lease renewal

Approved building plans have not been provided. Rental figures are as supplied by the seller, and copies of all leases are available to serious buyers on request.

Contact us to arrange a viewing and request the rental schedule. Additional features include kitchensink, openplanliving, Number of studies: 1, Number of kitchens: 1, Domestic rooms: 1 and Number of outside areas: 1.