EXCEPTIONAL HIGH-YIELD MULTI-UNIT INVESTMENT
This substantial 10-bedroom property, located in the highly desirable suburb of Overport, offers an outstanding investment opportunity for discerning investors, developers, doctors to run business and large families.
The residence provides significant scale, strong rental yield potential, and unmatched convenience. Its flexible configuration allows for use as separate self-contained units, student accommodation, or a multi-tenant residential setup to optimize rental income.
Situated in the prestigious road this well-established 10-bedroom, 10-bathroom multi-unit residential property presents a high-yield, income-producing investment opportunity.
Property Configuration & Layout
The property comprises 6 self-contained rental units, providing a diversified and low-risk rental structure:
Unit 1: Main House
Open plan Lounge, Dining Room, fully fitted kitchen, Prayer room, Laundry
4 Bedrooms, 4 Ensuite bathrooms and guest toilet
Unit 2: Double Story Apartment
Lounge, kitchen, 2 Bedrooms, general bathroom, guest toilet
Unit 3: Apartment
Lounge, kitchen, 1 Bedroom, 1 ensuite bathroom
Unit 4: Apartment
Lounge, dining room, kitchen, 1 bedroom, general bathroom
Unit 5: Bachelor Apartment
1 large room with kitchenette and ensuite bathroom
Unit 6: Granny flat
Lounge, kitchen, 1 bedroom, general bathroom, laundry
Unit 7: Garage
The 67m² garage is presently leased to a company and used for storage.
Unit 8: Storerooms
The property includes two storerooms, one approximately 25m² and a second smaller storeroom, which are currently leased together as a single unit.
Key Features & Amenities
-Parking: Ample, secure, open parking for 7–8 vehicles on site
- Construction & Maintenance: Durable brick exterior with well-maintained grounds, ensuring ease of property management
- Occupancy: Fully tenanted with long-standing tenants
Location Advantages
The property enjoys a central position in the high-demand suburb of Overport, with convenient access to major transport routes, public transport, reputable schools, shopping centres, medical facilities, and places of worship.
The residence provides significant scale, strong rental yield potential, and unmatched convenience. Its flexible configuration allows for use as separate self-contained units, student accommodation, or a multi-tenant residential setup to optimize rental income.
Situated in the prestigious road this well-established 10-bedroom, 10-bathroom multi-unit residential property presents a high-yield, income-producing investment opportunity.
Property Configuration & Layout
The property comprises 6 self-contained rental units, providing a diversified and low-risk rental structure:
Unit 1: Main House
Open plan Lounge, Dining Room, fully fitted kitchen, Prayer room, Laundry
4 Bedrooms, 4 Ensuite bathrooms and guest toilet
Unit 2: Double Story Apartment
Lounge, kitchen, 2 Bedrooms, general bathroom, guest toilet
Unit 3: Apartment
Lounge, kitchen, 1 Bedroom, 1 ensuite bathroom
Unit 4: Apartment
Lounge, dining room, kitchen, 1 bedroom, general bathroom
Unit 5: Bachelor Apartment
1 large room with kitchenette and ensuite bathroom
Unit 6: Granny flat
Lounge, kitchen, 1 bedroom, general bathroom, laundry
Unit 7: Garage
The 67m² garage is presently leased to a company and used for storage.
Unit 8: Storerooms
The property includes two storerooms, one approximately 25m² and a second smaller storeroom, which are currently leased together as a single unit.
Key Features & Amenities
-Parking: Ample, secure, open parking for 7–8 vehicles on site
- Construction & Maintenance: Durable brick exterior with well-maintained grounds, ensuring ease of property management
- Occupancy: Fully tenanted with long-standing tenants
Location Advantages
The property enjoys a central position in the high-demand suburb of Overport, with convenient access to major transport routes, public transport, reputable schools, shopping centres, medical facilities, and places of worship.
Monthly Rates
R2,700.48
Features
Interior
Exterior
Sizes
Disclaimer
While every effort will be made to ensure that the information contained within the Wakefields website is accurate and up to date, Wakefields makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.