10 Bedroom House in Overport

This substantial 10-bedroom property, located in the highly desirable suburb of Overport, offers an outstanding investment opportunity for discerning investors, developers, doctors to run business and large families.

The residence provides significant scale, strong rental yield potential, and unmatched convenience. Its flexible configuration allows for use as separate self-contained units, student accommodation, or a multi-tenant residential setup to optimize rental income.

Situated in the prestigious road this well-established 10-bedroom, 10-bathroom multi-unit residential property presents a high-yield, income-producing investment opportunity.

Property Configuration & Layout

The property comprises 6 self-contained rental units, providing a diversified and low-risk rental structure:

Unit 1: Main House

Open plan Lounge, Dining Room, fully fitted kitchen, Prayer room, Laundry

4 Bedrooms, 4 Ensuite bathrooms and guest toilet

Unit 2: Double Story Apartment

Lounge, kitchen, 2 Bedrooms, general bathroom, guest toilet

Unit 3: Apartment

Lounge, kitchen, 1 Bedroom, 1 ensuite bathroom

Unit 4: Apartment

Lounge, dining room, kitchen, 1 bedroom, general bathroom

Unit 5: Bachelor Apartment

1 large room with kitchenette and ensuite bathroom

Unit 6: Granny flat

Lounge, kitchen, 1 bedroom, general bathroom, laundry

Unit 7: Garage

The 67m2 garage is presently leased to a company and used for storage.

Unit 8: Storerooms

The property includes two storerooms, one approximately 25m2 and a second smaller storeroom, which are currently leased together as a single unit.

Key Features & Amenities

-Parking: Ample, secure, open parking for 78 vehicles on site

- Construction & Maintenance: Durable brick exterior with well-maintained grounds, ensuring ease of property management

- Occupancy: Fully tenanted with long-standing tenants

Location Advantages

The property enjoys a central position in the high-demand suburb of Overport, with convenient access to major transport routes, public transport, reputable schools, shopping centres, medical facilities, and places of worship.