House for sale
Earn while you live in this freestanding home in a desirable neighbourhood with easy access to amenities; renovated kitchen and two self-contained flatlets provide immediate rental income and flexibility.
This exceptional three-bedroom freestanding house, boasting two income-generating flatlets, presents a prime opportunity for the astute property investor. The main residence is designed for comfortable living and features a spacious open-plan lounge and dining room, a renovated kitchen, and an essential guest toilet. For added convenience and value, the original storeroom has been cleverly converted into a functional fourth bedroom. The main suite offers a full en-suite bathroom, providing a private sanctuary for the owner or primary tenant, while the overall layout ensures appeal and rental potential.
The property's key investment strength lies in its two fully self-contained flatlets. Each flatlet is a substantial unit offering two bedrooms, a full bathroom, a functional kitchen, and an open-plan lounge, ensuring immediate and consistent rental income. With three separate dwelling units on one stand, this property offers diversified rental income streams and high-yield potential. Situated in a desirable area, this listing is an unmissable chance to acquire a high-performance asset designed to maximise your return on investment through immediate and robust rental generation.
This investors dream property is currently generating a rental income of R 16 000 per month, well above the monthly bond repayment amount. It would take an investor about 8 years to pay this house off, using the rent money alone. Don't waste time, contact me immediately so you add another income stream. Your children would thank you for it.
Listed for sale at R1,399,999
Florida is a well-established, centrally located suburb in Roodepoort known for its historic charm, proximity to major transport routes, and the scenic Florida Lake, offering a convenient lifestyle for families and professionals.