3 Bedroom House in Homestead

OFFERED TO YOU ON A SOLE EXCLUSIVE MANDATE!

Positioned in the established suburb of Homestead, Kimberley, this versatile property offers immediate rental income paired with strong capitalization potential. Originally constructed as a single-family home, the main structure has been reconfigured via drywalling into two fully functional independent units, complemented by two additional standalone outbuilding flats in the spacious backyard.

Unit 1 Primary Unit: Features 3 spacious bedrooms, a lounge, kitchen, and 1.5 bathrooms shower, basin, toilet, plus an additional separate toilet. Currently owner-occupied, offering flexibility for immediate personal use or lease optimization.

Unit 2 Main House Conversion: Offers 2 bedrooms, a walk-in cupboard, functional kitchen, and a ensuite bathroom shower, basin, toilet.

Unit 3 Backyard Flatlet: Standalone outbuilding unit comprising 2 bedrooms, open-plan kitchen, lounge, and bathroom shower, basin, toilet.

Unit 4 Backyard Flatlet: Standalone outbuilding unit featuring 2 bedrooms, kitchen, dedicated lounge, and bathroom shower, basin, toilet.

Property & Financial Summary

Current Monthly Income: R14,000 per month generated from Units 2, 3, and 4. Potential Gross Income: Up to R19,500 per month upon leasing Unit 1 estimated potential rental of R5,500 per month.

Utility Infrastructure: Units 1, 3, and 4 are equipped with independent prepaid electricity meters for seamless tenant utility management.

Energy Efficiency: Equipped with 2 solar geysers integrated to assist the primary electrical geysers, significantly reducing operational energy costs.

Vehicle Accommodation: Secure underroof parking infrastructure capacity for up to 6 vehicles.

Maximize Your Real Estate Portfolio Today

Capitalize on this robust multi-let investment strategy before it leaves the market. Contact Johan Bekker from eXp Realty today to schedule your private viewing and secure this exceptional property portfolio.