3 Bedroom House in Kharwastan

Unlock exceptional value with this versatile income-generating property in the heart of sought-after Kharwastan. Currently producing approximately R12 000 per month in rental income, this unique opportunity is perfect for investors, extended families, or buyers looking to live in one unit while generating additional income.

Set on a generous property with ample parking and exciting potential to expand into a double-storey home, this is a rare find offering both immediate returns and long-term growth.

Property Highlights

Approx. R12 000 monthly rental income

Three separate living units

Individual prepaid electricity meters

Parking for 45 vehicles

Spacious yard with future development potential

Prime location close to schools, shopping centres, public transport and major routes

Unit 1

1 Bedroom with built-in cupboards

Spacious lounge and dining area

Fully fitted kitchen with built-in cupboards

Bathroom with shower, basin and toilet

Fully tiled throughout

Unit 2

1 Bedroom

Open-plan kitchen and lounge

Bathroom with shower, basin and toilet

Fully tiled

Basement Unit

1 Bedroom

Kitchen area

Bathroom with shower, basin and toilet

Ideal For:

First-time buyers wanting to offset their bond with rental income

Investors seeking strong returns and long-term capital growth

Extended families requiring separate living spaces

Buyers looking to add value through future expansion

Properties with existing rental income and this level of flexibility are seldom available in Kharwastan. Whether you''re looking to invest, live in and earn, or create a larger family home, 70 Penguin Street offers endless possibilities.