R 2 300 000
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13 Bedroom House in Clare Estate

13 10 12 900 m² 348 m²

High-Yield Investment Property Spencer Road, Clare Estate

Situated in Clare Estate, this well-appointed multi-unit property presents an exceptional opportunity for investors, particularly in the student accommodation or co-living market.

The property currently generates in excess of R25 000 per month from private leasehold tenancies, with excellent potential to increase returns.

Main Residence:

Large 3-bedroom home with built-in cupboards

Spacious lounge and dining area

Massive fitted kitchen with laundry and storeroom

2 bedrooms fitted with student workstations

Additional Income-Generating Units:

3 x 2-bedroom flatlets each with bathroom facilities

5 x single-bedroom units

All units equipped with prepaid electricity meters

Additional Features:

Automated double garage

Open parking for 6 to 8 vehicles

Fully fenced and secure property

This versatile property offers a well-balanced mix of communal and private living spaces, making it ideal for maximizing rental income in a high-demand area.

A true income-generating powerhouse with strong growth potential.

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Property details

  • Listing number T5468595
  • Property type House
  • Listing date 24 Apr 2026
  • Land size 900 m²
  • Floor size 348 m²
  • Rates and taxes R 1 150

Property features

  • Bedrooms 13
  • Bathrooms 10
  • Lounges 1
  • Dining areas 1
  • Garage parking 2
  • Open parking 10
  • Flatlets
  • Pet friendly
  • Balcony
  • Laundry
  • Patio
  • Security post
  • Study
  • Garden

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