This 828m² property is a prime investment opportunity located in Dawn Park, offering excellent rental income with room for future expansion. Conveniently located near essential amenities, this property is perfect for investors or families seeking a home with additional income potential.
Key Features:
• Main House:
o 2x spacious bedrooms
o Fully fitted kitchen with stove
o Open-plan dining and lounge area
o 1x bathroom
o Currently rented out at R5,000 per month
• Outside Rooms:
o 4x spacious outside rooms
o Each room currently rented out at R1,800 per month
o Total rental income from outside rooms: R7,200 per month
• Parking:
o Covered parking for up to four vehicles
• Lot Size:
o 828m² with ample space for future development or expansion
• Prime Location:
o Close to Dawn Park police station, shopping centre, Dawn Park primary school, public...
This 828m² property is a prime investment opportunity located in Dawn Park, offering excellent rental income with room for future expansion. Conveniently located near essential amenities, this property is perfect for investors or families seeking a home with additional income potential.
Key Features:
• Main House:
o 2x spacious bedrooms
o Fully fitted kitchen with stove
o Open-plan dining and lounge area
o 1x bathroom
o Currently rented out at R5,000 per month
• Outside Rooms:
o 4x spacious outside rooms
o Each room currently rented out at R1,800 per month
o Total rental income from outside rooms: R7,200 per month
• Parking:
o Covered parking for up to four vehicles
• Lot Size:
o 828m² with ample space for future development or expansion
• Prime Location:
o Close to Dawn Park police station, shopping centre, Dawn Park primary school, public clinic, and fuel station.
This fully-tenanted property generates a total rental income of R12,200 per month, making it a smart choice for an investor looking to maximize returns.
Reason for Sale:
The owner is relocating to Cape Town for a new job opportunity and is selling this family-owned rental property.