Web Ref RL5672
R1,750,000
Monthly Bond Repayment R18,361.98
Calculated over 20 years at 11.25% with no deposit.
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Monthly Rates
R1,200
R1,200
6 Bedroom Investment Property
For Sale: 6-Bedroom Property in Effingham Heights – Split into Two Units with Rental Income & Development Potential
This exceptional 6-bedroom property in the sought-after Effingham Heights neighborhood offers a fantastic investment opportunity, combining rental income, development potential, and comfortable living. Split into two fully rented units, this property provides immediate returns while also offering long-term growth possibilities.
Key Features:
Dual Units with Rental Income: The spacious 6-bedroom home is divided into two separate, self-contained units, each currently rented out for a steady monthly income of R17,000. With tenants in place, you can start earning immediately, or choose to live in one unit and rent out the other for added flexibility.
Large Land with Development Potential: Situated on a generous plot, this property offers great potential for future development. Whether you wish to expand the existing home, add more units, or build additional structures (subject to zoning), the land provides ample space for your investment goals.
Spacious Garages & Storage: The property includes two large garages with lockable storerooms, ensuring secure parking for multiple vehicles, as well as extra storage for tools, equipment, or personal items.
Security & Privacy: Fully walled and fenced, with burglar guards on all windows and doors, this property offers excellent security and peace of mind for both tenants and owners.
Fitted Bedrooms & Kitchens: Each unit features spacious, well-lit bedrooms with built-in cupboards for ample storage. The modern kitchens are equipped with high-quality fixtures and cabinetry, providing a functional space for cooking and meal preparation.
Large Private Backyard: The property boasts a large private backyard, perfect for outdoor entertaining, gardening, or simply relaxing. This versatile space allows for a variety of uses, from creating a garden oasis to setting up a children’s play area or outdoor dining space.
Prime Location: Located in a quiet, family-friendly neighborhood, the property enjoys easy access to schools, parks, shopping centers, and public transport. The demand for rental properties in this area is high, making it an attractive choice for tenants and investors alike.
Additional Features:
Prepaid Utilities: Both units are equipped with prepaid water and electricity meters, allowing for effective utility management and avoiding unexpected bills.
Secure Parking: Ample off-street parking is available, along with secure garages and storerooms.
Perfect for:
Investors: This property offers immediate rental income and excellent long-term development potential.
Homebuyers: Ideal for those seeking a large home with additional income potential while enjoying the comfort and space of a spacious property.
This is an incredible opportunity to own a versatile property in a high-demand area.
Contact us today to arrange a viewing or request more information on this unique investment opportunity!
This exceptional 6-bedroom property in the sought-after Effingham Heights neighborhood offers a fantastic investment opportunity, combining rental income, development potential, and comfortable living. Split into two fully rented units, this property provides immediate returns while also offering long-term growth possibilities.
Key Features:
Dual Units with Rental Income: The spacious 6-bedroom home is divided into two separate, self-contained units, each currently rented out for a steady monthly income of R17,000. With tenants in place, you can start earning immediately, or choose to live in one unit and rent out the other for added flexibility.
Large Land with Development Potential: Situated on a generous plot, this property offers great potential for future development. Whether you wish to expand the existing home, add more units, or build additional structures (subject to zoning), the land provides ample space for your investment goals.
Spacious Garages & Storage: The property includes two large garages with lockable storerooms, ensuring secure parking for multiple vehicles, as well as extra storage for tools, equipment, or personal items.
Security & Privacy: Fully walled and fenced, with burglar guards on all windows and doors, this property offers excellent security and peace of mind for both tenants and owners.
Fitted Bedrooms & Kitchens: Each unit features spacious, well-lit bedrooms with built-in cupboards for ample storage. The modern kitchens are equipped with high-quality fixtures and cabinetry, providing a functional space for cooking and meal preparation.
Large Private Backyard: The property boasts a large private backyard, perfect for outdoor entertaining, gardening, or simply relaxing. This versatile space allows for a variety of uses, from creating a garden oasis to setting up a children’s play area or outdoor dining space.
Prime Location: Located in a quiet, family-friendly neighborhood, the property enjoys easy access to schools, parks, shopping centers, and public transport. The demand for rental properties in this area is high, making it an attractive choice for tenants and investors alike.
Additional Features:
Prepaid Utilities: Both units are equipped with prepaid water and electricity meters, allowing for effective utility management and avoiding unexpected bills.
Secure Parking: Ample off-street parking is available, along with secure garages and storerooms.
Perfect for:
Investors: This property offers immediate rental income and excellent long-term development potential.
Homebuyers: Ideal for those seeking a large home with additional income potential while enjoying the comfort and space of a spacious property.
This is an incredible opportunity to own a versatile property in a high-demand area.
Contact us today to arrange a viewing or request more information on this unique investment opportunity!
Features
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
4
Kitchen
2
Reception Rooms
4
Furnished
No
Exterior
Garages
2
Security
Yes
Parkings
8
Pool
No
Sizes
Land Size
695m²
