ref # 12821

 ref # 12821

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R 1 690 000 (81 840 EUR*)

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3
2
± 1169 m2
R 1074  / m

Investor’s Dream in Karenpark – Rental Income of R29,000+ Per Month!

An exceptional investment opportunity in the heart of Karenpark offering immediate rental income and outstanding future growth potential. Situated in a highly sought-after residential area, this income-generating property is ideal for investors looking to expand their portfolio with a reliable and profitable asset.

The property currently generates a rental income of over R29,000 per month, with the potential to increase returns to approximately R33,000 per month. Separate prepaid meters are already installed, making management convenient and cost-effective for both owner and tenants.

The main house offers 3 spacious bedrooms, 2 bathrooms, and a generous layout perfectly suited for family living or additional rental possibilities.

Adding to the value are 4 fully tenanted flats with long-term lease agreements already in place, ensuring stable and consistent monthly income from day one. The units are well-maintained and designed for comfortable tenant living.

An additional 2-bedroom flat presents even more opportunity, requiring only renovation to unlock additional rental income and maximize the property’s earning potential.

Whether you are a seasoned investor or entering the property market for the first time, this property delivers immediate cash flow, strong rental demand, and excellent expansion opportunities in a prime location. A rare opportunity not to be missed!

  • 5 Flatlets


Message Agents

Rachelle  Van Rensburg Candidate agent, estate agent


+27 (0)79 771 1943
+27 (0)12 547 5596
 whatsapp agent

  rachellevanrensburg@y... rachellevanrensburg@yahoo.com
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