5 Bedroom House in Dennemere

Exclusive Sole Mandate

A Property Built for Income

Four separate living spaces. Multiple rental income streams. One property.

Situated in Gaylee, Dennemere, this 288sqm property presents an excellent opportunity for investors looking to enter or expand their property portfolio with an income-generating asset.

The property consists of a 2-bedroom main house and three separate 1-bedroom flatlets, each offering its own living accommodation and kitchenette facilities.

The current rental income totals approximately R17,000 per month, providing a strong income-producing foundation for the next owner.

Main House

The main house offers a practical two-bedroom layout with tiled flooring throughout.

The kitchen is fitted with built-in cupboards, a stove and oven, while the main bedroom also features built-in cupboards.

The bathroom is equipped with a shower, basin and toilet.

Three Separate Flatlets

Adding significant value to the property are three 1-bedroom flatlets, each providing additional accommodation and rental potential.

Flatlet 1

1 bedroom with built-in cupboards

Kitchenette with built-in cupboards

Bathroom with shower, basin and toilet

Flatlet 2

1 bedroom with built-in cupboards

Kitchenette with built-in cupboards

Bathroom with shower, basin and toilet

Flatlet 3

1 bedroom

Tiled kitchenette with built-in cupboards

Practical living accommodation

A particularly attractive feature for investors is that each dwelling has its own prepaid electricity meter, allowing electricity usage to be managed separately between the occupants.

The Numbers

The property is currently generating approximately:

Main House: R6,600 pm

Flatlet 1: R3,700 pm

Flatlet 2: R3,300 pm

Flatlet 3: R3,400 pm

Total Rental Income: R17,000 pm

That''s approximately R204,000 in gross rental income per year, before property-related expenses, vacancies and maintenance.

At an asking price of R1,250,000, this makes the property particularly appealing to buyers focused on rental income and portfolio growth.

The Opportunity

Whether you''re an experienced investor or looking for your first serious income-generating property, the combination of a main residence and three additional rental units offers flexibility, multiple income streams and the potential to build long-term property wealth.

288sqm | 2-Bedroom Main House | 3 x 1-Bedroom Flatlets | 4 Prepaid Electricity Meters | R17,000 Current Monthly Rental Income | R1,250,000 Asking Price

A property where the income is already part of the story.

Contact me today to arrange a viewing.