11 Bedroom House in Northdene

This exceptional property offers four palatial residential units plus an office space, making it the perfect income-generating investment. In addition, there is 0ne thousand sqm vacant land, providing the exciting potential to develop four additional units and significantly increase rental returns. Present rental income to supplement the bond include: unit 1 office R8000, Unit 2 - three bedroom house with garden and pool R11000. Unit 3 - One bedroom R5000. Unit 4 - Three bedroom with double garage R12000. Unit 5 and 6 - Two bedroom each R7500 rental each total R15000 TOTAL of all unit rentals equal to R51000. Each unit, including the office, is fitted with prepaid electricity and prepaid water, offering convenience for both landlord and tenants. These solid family homes are tiled throughout., air conditioned and pet friendly, ensuring comfortable living. One of the stand out features is that this is a beautifully designed simplex, where you can simply step in and feel at home. Residents will appreciate the secure lock-up-and-go lifestyle, making it ideal for modern living. Perfectly positioned with easy access to the M7 and N3, and situated on a main road close to all essential amenities, this property offers both convenience and excellent rental demand.The existing rental income can contribute significantly towards bond repayments, making this a smart addition and investors portfolio. Investors, this is your opportunity to strike gold! Remember Location. Call now to arrange an exclusive viewing.