House for sale in Brookdale Phoenix - Durban

High-Income Property – Strong Returns with Immediate Upside

This well-positioned multi-dwelling property offers an excellent opportunity for investors and extended families seeking space, flexibility, and solid rental income.

Currently generating a rental income of R17 000 per month, the property has the potential to increase to approximately R22 000 per month should the owner-occupied portion be fully tenanted.
Investment Snapshot:

- Current Gross Yield: ± 14% per annum
- Potential Gross Yield: ± 18% per annum

The property consists of a main house together with additional living spaces, allowing for multiple tenants or extended family living. The layout provides good separation between units, making it practical for income generation while maintaining privacy.

The main dwelling offers a comfortable lounge, functional kitchen, and well-sized bedrooms with built-in cupboards. Additional accommodation areas further enhance the income-generating potential of the property.

Set on a large erf, the property includes ample yard space, secure parking, and room for further optimisation of rental income. The solid structure makes it ideal for investors looking for immediate returns with built-in upside.

Conveniently located close to schools, public transport, and key amenities, ensuring consistent tenant demand.

This is a rare opportunity to secure a property that already produces income with clear, immediate growth potential.

Price: R1 450 000

Contact us today to arrange a viewing.