3 Bedroom House in Athlone Park

House in Athlone Park - Rental Income R25 700 -

This well-maintained property is ideally located close to major transport routes and popular shopping malls, making it highly appealing to tenants. Fully tenanted and generating a generous monthly rental income of R25,700, this is an ideal option for investors seeking strong returns.

The main house offers 3 spacious bedrooms, currently rented at R10,000 per month. In addition, the property features three separate income-generating units:

Unit 1: 1-Bedroom flatlet R5,700

Unit 2: 1-Bedroom loft R6,000

Unit 3: 1-Bedroom unit R4,000

The property is neat and well cared for, contributing to excellent tenant satisfaction and long-term retention. It includes a large swimming pool, is fully fenced for privacy and security, and offers ample on-site parking for all tenants.

There is also potential to convert the property into doctors'' rooms, offering future flexibility, although it is currently zoned and sold as a residential dwelling.

RE/MAX Toti operates in terms of a franchise agreement with RE/MAX of Southern Africa.

UPPER HIGHWAY ESTATES CC trading as RE/MAX Toti (Amanzimtoti) operates in terms of a franchise agreement with RE/MAX of Southern Africa.