- 12
- 4
- 380 m2
- 480.0 m2
Monthly Costs
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Property description
Spacious Multi-Unit Investment Property in Westdene - High-Yield Income Opportunity
This exceptional multi-unit residential property in the heart of Westdene presents an outstanding opportunity for investors seeking immediate rental income and strong returns.
The property offers 12 well-sized bedrooms, spread across the main residence, a separate flatlet, and a second house, with 4 bathrooms and 3 fully functional kitchens, allowing for multiple independent living arrangements. Most of the rooms are already tenanted at R3,500 per month, providing an immediate income stream from day one.
The developed floor area of 380m² is situated on a 480m² erf, with ample outdoor space including a patio for relaxation and entertaining. Additional features include 6 secure parking bays, staff quarters, and a dedicated laundry area.
Investment Highlights
12 well-sized income-generating rooms
Most rooms already leased at R3,500 per month
Strong rental yield with excellent income potential
Main house, flatlet, and second dwelling
4 bathrooms
3 kitchens
6 secure parking spaces
Staff quarters
Laundry facilities
Patio for outdoor entertaining
Fibre internet installed
Fully fenced with electric fencing
Access gate and intercom system
For complete peace of mind, the property includes approved building plans, City of Johannesburg consent, a valid Electrical Compliance Certificate (COC), and all relevant documentation, making this an easy and secure investment.
Calling All Investors!
With a potential gross rental income of approximately R42,000 per month (12 rooms × R3,500), compared to the asking price of R2,300,000, this property offers an attractive rental yield and exceptional long-term investment potential.
Whether you're looking to expand your property portfolio, secure a high-income rental asset, or capitalize on Westdene's strong rental demand, this property deserves your attention.
Contact us today to arrange your private viewing and experience the income potential this exceptional investment has to offer.
Property Details
- 12 Bedrooms
- 4 Bathrooms
- 1 Lounges
- 1 Dining Area
Property Features
- Patio
- Staff Quarters
- Laundry
- Access Gate
- Paving
- Intercom
| Bedrooms | 12 |
| Bathrooms | 4 |
| Floor Area | 380 m2 |
| Erf Size | 480.0 m2 |
