13 Bedroom House in Clare Estate
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