- 3
- 2
- 997.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Mun. Rates & Taxes: ZAR 1000.00
Property description
TWO HOMES • 6 BEDROOMS • ±R21,000 MONTHLY RENTAL INCOME • R1.6 MILLION
Looking for a property that offers both comfortable family living and an established rental income? This could be the opportunity you've been waiting for.
Situated in Escombe, this versatile property offers two separate living spaces, making it an excellent choice for a large or extended family, multi-generational living, or an investor looking for an income-generating property.
The property consists of a 3-bedroom main house and a separate 3-bedroom outbuilding, offering a total of 6 bedrooms across the two dwellings.
Even more attractive, the property is currently generating approximately R21,000 in combined rental income per month.
The main house generates R11,000 per month, while the 3-bedroom outbuilding generates a further R10,000 per month.
That's approximately R252,000 in rental income per year based on the current rentals.
THE NUMBERS
Asking Price: R1,600,000
- Main House: 3 bedrooms | R11,000 rental income p/m
- Outbuilding: 3 bedrooms | R10,000 rental income p/m
- Combined Rental Income: ±R21,000 p/m
- Annual Rental Income: ±R252,000
Both dwellings have prepaid water and electricity, giving tenants control over their own utility consumption.
WHY THIS PROPERTY STANDS OUT
- 3-bedroom main house
- Separate 3-bedroom outbuilding
- 6 bedrooms in total
- Two independent living spaces
- Current combined rental income of approximately R21,000 per month
- Ideal for investors seeking rental income
- Perfect for extended or multi-generational families
- Live in one dwelling and generate income from the other
- Opportunity to retain both as rental properties
- Prepaid water and electricity
- Convenient Escombe location
- Close to schools, shopping centres and everyday amenities
Whether you're looking for a spacious property for your family, accommodation for extended family, or an investment with an existing rental income, this property offers flexibility and multiple possibilities.
Contact Amanda Mzulwini or Innocent Mpanza today to arrange your private viewing.
REMAX Sell-ect operates in terms of a franchise agreement with REMAX of Southern Africa
Property Details
- 3 Bedrooms
- 2 Bathrooms
- 1 Lounges
Property Features
- Laundry
- Pets Allowed
- Access Gate
- Kitchen
- Entrance Hall
- Family TV Room
| Bedrooms | 3 |
| Bathrooms | 2 |
| Erf Size | 997.0 m2 |
Contact the Agent
Amanda Mzulwini
Candidate Property Practitioner
Innocent Mpanza
Candidate Property Practitioner