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R 1 450 000

House for Sale in Cresslawn

  • Erf Size 1 115 m²
    • m²: 1 115 m²
    • Hectares: 0.112 ha
    • Acres: 0.276 acres
Exceptional Investment Property with High Rental Yield

This strategically located property, subdivided into three self-contained units, is a fantastic opportunity for investors. Generating a current rental income of R22,000 per month, the property offers consistent returns while being conveniently situated close to shops and schools. Each unit is equipped with its own prepaid electricity meter, ensuring easy management and transparency for tenants.

The first unit features a large bachelor flat with an open-plan tiled bedroom and lounge, a separate bathroom with a shower, and a fully fitted kitchen. The second unit includes a tiled bedroom, a separate bathroom with a shower, and a fitted kitchen, ideal for single occupants or couples. The third and largest unit boasts two spacious tiled bedrooms, a bathroom with a bath, and a generously sized open-plan kitchen complete with a stove. This property offers versatility and...

This strategically located property, subdivided into three self-contained units, is a fantastic opportunity for investors. Generating a current rental income of R22,000 per month, the property offers consistent returns while being conveniently situated close to shops and schools. Each unit is equipped with its own prepaid electricity meter, ensuring easy management and transparency for tenants.

The first unit features a large bachelor flat with an open-plan tiled bedroom and lounge, a separate bathroom with a shower, and a fully fitted kitchen. The second unit includes a tiled bedroom, a separate bathroom with a shower, and a fitted kitchen, ideal for single occupants or couples. The third and largest unit boasts two spacious tiled bedrooms, a bathroom with a bath, and a generously sized open-plan kitchen complete with a stove. This property offers versatility and significant earning potential—perfect for those looking to expand their rental portfolio. Don’t miss out on this profitable investment opportunity!

Pet Friendly Pet Friendly
Flatlet Flatlet
Garden Garden
Fibre Internet Fibre Internet
Listing number: P24-115374834, Image number: 1
Listing number: P24-115374834, Image number: 2
Listing number: P24-115374834, Image number: 3
Listing number: P24-115374834, Image number: 4
Listing number: P24-115374834, Image number: 5
Listing number: P24-115374834, Image number: 6
Listing number: P24-115374834, Image number: 7
Listing number: P24-115374834, Image number: 8
Listing number: P24-115374834, Image number: 9
Property Overview
Listing Number
115374834
Type of Property
House
Description
Freestanding
Listing Date
02 January 2025
Erf Size
1 115 m²
Rates and Taxes
R 900
Pets Allowed
Yes
Garden
Landscaped
Outbuildings
6
Outbuilding 1
Bachelor with own bathroom with a shower
Flatlet
Outbuilding 2
Bachelor with own bathroom with a shower
Flatlet
Outbuilding 3
Bachelor with own bathroom with a shower
Flatlet
Outbuilding 4
Large bachelor, separate kitchen and bathroom with a shower
Flatlet
Outbuilding 5
One bedroom, separate bathroom and kitchen
Flatlet
Outbuilding 6
2 bedrooms, bathroom and a large fitted kitchen
Flatlet
Style
Conventional
Roof
Tile
Wall
Plaster
Window
Steel
Standalone Building
Yes
Security
Totally Fenced, Security Gate, Burglar Bars
Flatlet
Yes
Flat Description
Bachelor with own bathroom with a shower; Bache...
Internet Access
Fibre
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