Web Ref RL5672
R1,750,000
Monthly Bond Repayment R18,662.51
Calculated over 20 years at 11.5% 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
If you're looking for a fantastic investment opportunity in the vibrant neighborhood of Effingham Heights, this property offers the perfect blend of rental income, development potential, and comfortable living. Split into two fully rented units, this 6-bedroom home is an excellent choice for investors or those seeking a property with extra income.
Key Features:
Dual Units with Rental Income: This spacious 6-bedroom house is divided into two separate, self-contained units, each currently let out, providing a reliable rental income stream. With tenants already in place, you can start earning immediately, or you could live in one unit and rent out the other.
Large Land with Development Potential: The property sits on a generous plot of land, offering significant potential for future development. Whether you're looking to expand the current home, build additional units, or add other structures (subject to zoning), the land provides the space to grow your investment.
Spacious Garages & Storage: The property comes with two large garages, providing secure parking for multiple vehicles. Both garages feature a lockable storeroom, offering additional storage for tools, equipment, or personal belongings. This is a great feature for tenants or future homeowners who need space for their vehicles and possessions.
Fully Walled & Fenced for Security: The property is fully walled and fenced, offering excellent privacy and security. With burglar guards on all windows and doors, you can have peace of mind knowing that your investment is protected.
Fitted Bedrooms & Kitchens: Each unit boasts spacious, well-lit bedrooms with built-in cupboards, providing ample storage. The kitchens are fitted with modern cabinetry and high-quality fixtures, making cooking and meal preparation a breeze. The thoughtful design and attention to detail add both practicality and style to each living space.
Large Private Backyard: Enjoy a large, private backyard perfect for outdoor entertaining, gardening, or simply unwinding after a long day. Whether you envision a tranquil garden oasis, a children’s play area, or an outdoor dining space, the backyard offers plenty of options.
Ideal Location in Effingham Heights: This property is situated in a quiet, family-friendly neighborhood with easy access to top schools, parks, shopping centers, and public transport. The demand for rental properties in this area is high, making this an attractive location for tenants and investors alike.
Additional Features:
Prepaid Utilities: Both units have prepaid water and electricity meters, allowing tenants and owners to manage utility costs effectively and avoid unexpected bills.
Secure Parking: Ample off-street parking for residents and visitors, with the added benefit of secure garages and storerooms.
This property is perfect for:
Investors seeking a property that offers both immediate rental income and long-term development potential.
Homebuyers looking for a property with extra income potential, while also enjoying the space and comfort of a large home.
Don’t miss out on this incredible opportunity to own a versatile property in Effingham Heights with strong rental returns and future growth potential.
Contact us today to arrange a viewing or request more information on this unique property!
If you're looking for a fantastic investment opportunity in the vibrant neighborhood of Effingham Heights, this property offers the perfect blend of rental income, development potential, and comfortable living. Split into two fully rented units, this 6-bedroom home is an excellent choice for investors or those seeking a property with extra income.
Key Features:
Dual Units with Rental Income: This spacious 6-bedroom house is divided into two separate, self-contained units, each currently let out, providing a reliable rental income stream. With tenants already in place, you can start earning immediately, or you could live in one unit and rent out the other.
Large Land with Development Potential: The property sits on a generous plot of land, offering significant potential for future development. Whether you're looking to expand the current home, build additional units, or add other structures (subject to zoning), the land provides the space to grow your investment.
Spacious Garages & Storage: The property comes with two large garages, providing secure parking for multiple vehicles. Both garages feature a lockable storeroom, offering additional storage for tools, equipment, or personal belongings. This is a great feature for tenants or future homeowners who need space for their vehicles and possessions.
Fully Walled & Fenced for Security: The property is fully walled and fenced, offering excellent privacy and security. With burglar guards on all windows and doors, you can have peace of mind knowing that your investment is protected.
Fitted Bedrooms & Kitchens: Each unit boasts spacious, well-lit bedrooms with built-in cupboards, providing ample storage. The kitchens are fitted with modern cabinetry and high-quality fixtures, making cooking and meal preparation a breeze. The thoughtful design and attention to detail add both practicality and style to each living space.
Large Private Backyard: Enjoy a large, private backyard perfect for outdoor entertaining, gardening, or simply unwinding after a long day. Whether you envision a tranquil garden oasis, a children’s play area, or an outdoor dining space, the backyard offers plenty of options.
Ideal Location in Effingham Heights: This property is situated in a quiet, family-friendly neighborhood with easy access to top schools, parks, shopping centers, and public transport. The demand for rental properties in this area is high, making this an attractive location for tenants and investors alike.
Additional Features:
Prepaid Utilities: Both units have prepaid water and electricity meters, allowing tenants and owners to manage utility costs effectively and avoid unexpected bills.
Secure Parking: Ample off-street parking for residents and visitors, with the added benefit of secure garages and storerooms.
This property is perfect for:
Investors seeking a property that offers both immediate rental income and long-term development potential.
Homebuyers looking for a property with extra income potential, while also enjoying the space and comfort of a large home.
Don’t miss out on this incredible opportunity to own a versatile property in Effingham Heights with strong rental returns and future growth potential.
Contact us today to arrange a viewing or request more information on this unique property!
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
