10 Bedroom House in Everton

Four Homes. One Exceptional Investment with this R35,000 Monthly Rental Income Property in Prime Everton

Invest wisely and earn confidently with this property comprising four fully occupied units, currently generating over R35,000 per month in rental income, inclusive of utilities, with tenants who are well-established and reliable in their rental payments. With the potential to cover a substantial portion of your bond repayment, this is an investment that offers both immediate income and long-term value

Set in the sought-after suburb of Everton, this exceptional architectural property presents a rare opportunity to secure a versatile income-generating investment on a generous 4,048m² stand. With its distinctive face-brick construction, low-maintenance appeal, and thoughtfully designed layout, this property combines enduring quality with impressive and consistent rental income and potential for more.

Two separate entrances provide excellent privacy and functionality between the different and shared living spaces.

The first entrance leads to two comfortable, stepless units, making them particularly suitable for elderly occupants or those seeking easy-access living. The first unit, currently achieving R6,000 per month, is a neat and convenient self-contained one-bedroom unit offering open-plan living with a well-appointed kitchenette, spacious living room, bedroom with built-in cupboards, and airy bathroom.

Further up the one driveway is the second unit, generating R 8 470 per month, featuring a low-maintenance garden, functional kitchen to the right of the entrance to the unit. Two well-sized and sunlit bedrooms with built-in cupboards, and a light, airy bathroom. Ample parking is available for residents and visitors.

The second entrance opens to the remaining two units, offering generous accommodation, ample parking space, and excellent entertaining spaces. To the right of the passage is one unit, which achieves R 11 880 per month, featuring a convenient and separate guest toilet and family bathroom, and a dedicated office that could easily be converted into a fourth bedroom, with the presence of built-in units. Enjoy a timeless kitchen flowing into a spacious lounge, featuring expansive glass walls, flooding the interior with natural lighting, and creating a seamless connection to the outdoor braai and balcony area. Upstairs are three well-sized bedrooms with built-in cupboards and an en suite bathroom in the main bedroom.

The fourth unit, which generates over R 9 000 per month, offers its own private, low-maintenance garden and an inviting open-plan living arrangement. A functional kitchen flows effortlessly into the spacious living area, while the balcony provides an ideal setting for relaxed braais, entertaining, or evenings around a bonfire. A guest toilet and office space add further versatility. Upstairs are two well-sized bedrooms and a bathroom.

Highlighted features include:

- Four separate rental-generating units

- Current rental income exceeding R35,000 per month

- Fully occupied with paying tenants

- Generous 4,048m² stand

- Face-brick construction for low maintenance

- Two separate property entrances

- Ample off-street parking

- Multiple outdoor entertaining areas

- Low-maintenance gardens

- Pet-friendly

- Excellent potential for continued rental income

- Mixture of low-maintenance carpet, tiled, and wooden flooring

Location further enhances the appeal. The property is conveniently positioned in Prime Everton, Kloof, within easy reach of popular schools in Kloof and Hillcrest, as well as shopping destinations including Kloof Village Mall, Hillcrest Corner, and Watercrest Mall.

With convenient access to the M13 and N3, commuting to the surrounding business hubs is straightforward. In a safe, established neighbourhood with neighbourhood watch presence and Blue Security patrols

Priced at R3,500,000, this is an exceptional opportunity for an investor looking to acquire a substantial property with multiple income streams, or for a buyer seeking a home that can generate significant rental income.

Live, invest, and let your property work for you - a rare Everton opportunity with income built in.

CHRIS AND LISA PEARSON PROPERTIES PTY LTD trading as REMAX Address Upper Highway operates in terms of a franchise agreement with REMAX of Southern Africa.