NEW
Web Ref CCH2315
R3,150,000
Monthly Bond Repayment R30,921.76
Calculated over 20 years at 10.25% with no deposit.
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Monthly Rates
R2,494
R2,494
Versatile Multi-Unit Property with Excellent Rental Income Potential
An exceptional fully let multi-income investment opportunity in the heart of Linden, set on a beautifully sized stand with lush garden space and offering five separate income-generating units. The main residence is ideal for an extended family or premium rental, featuring 4 spacious bedrooms, 2 bathrooms (main en-suite), a TV lounge, formal lounge with fireplace, dining room, and a separate study. The home is complemented by a neat, well-appointed kitchen with gas stove and ample cupboard space, as well as an outside laundry, staff quarters, and a separate 1-bedroom granny flat.
Positioned towards the back of the property are three additional cottages, creating multiple income streams and strong rental demand. The property is fully tenanted with long-standing occupants, and current rentals are below market-related levels, presenting clear upside for increased returns. Prepaid electricity for all cottages ensures easy administration and cost control, making this a practical, low-maintenance investment.
With its versatile layout, established rental income, and prime Linden location, this property is perfectly suited to investors seeking immediate cash flow with future growth potential.
Positioned towards the back of the property are three additional cottages, creating multiple income streams and strong rental demand. The property is fully tenanted with long-standing occupants, and current rentals are below market-related levels, presenting clear upside for increased returns. Prepaid electricity for all cottages ensures easy administration and cost control, making this a practical, low-maintenance investment.
With its versatile layout, established rental income, and prime Linden location, this property is perfectly suited to investors seeking immediate cash flow with future growth potential.
Features
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchen
1
Reception Rooms
3
Study
1
Furnished
No
Exterior
Garages
1
Security
No
Parkings
1
Flatlet
4
Domestic Accomm.
1
Pool
No
Sizes
Floor Size
396m²
Land Size
1,736m²
Elke Nelson
Affiliated Principal Property Practitioner Registered with PPRA(FFC F131799) Show number View my listings WhatsApp