R1,249,000

R1,249,000

3 Bedroom House For Sale in Eikendal
3
Bedrooms
1.5
Bathrooms
1
Garages
307 5th Avenue
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Investment Opportunity: Value-Add Gem with Existing Rental Income

Web Ref. RL2870
Land size 496.00 m²
Floor size 140.00 m²
Monthly Bond Repayment
R12,469.76
A strategic investment offering immediate cash flow and significant upside potential in a low-maintenance, solid property.

This three-bedroom fixer-upper presents a prime opportunity for investors and savvy buyers looking to build their portfolio. Currently tenanted with a reliable rental income of R12,000 per month, this property provides instant revenue while you plan for its future appreciation. The solid facebrick construction and practical layout ensure a low-maintenance investment from day one.

With a vision for modernization and some thoughtful updates, this asset is poised to dramatically increase in both value and rental yield, offering an exceptional return on investment.

Property Investment Highlights:

Immediate Rental Income: Sold with a tenant in place, generating R12,000 per month from day one.

Strong Value-Add Potential: Ideal for a "buy and hold" or "fix and flip" strategy. Your investment in upgrades will unlock substantial equity and higher future income.

Low-Maintenance Building: Durable facebrick exterior requires minimal upkeep, protecting your investment and reducing long-term costs.

Generous Living Space: Features two large living areas, providing flexibility and ample space for tenants.

Practical Layout: Includes three bedrooms all equipped with built-in cupboards for tenant convenience.

Functional Amenities: A 1.5-bathroom layout, a kitchen with ample cupboard space, and a cozy fireplace.

Secure and Private: Fully enclosed yard offers security and privacy for tenants.

Additional Parking & Storage: Includes a single garage.

Easy Outdoor Maintenance: Paved front yard minimizes landscaping upkeep.

This is more than a house; it's a strategic investment. The foundation is strong, the income is steady, and the potential for growth is clear. Schedule a viewing today to calculate your ROI.

Contact us now to explore the financial potential of this investment property.
Monthly Rates R650

Features

Interior
3 Bedrooms
1.5 Bathrooms
1 Kitchen
1 Lounge
1 Dining Room
Exterior
1 Garage
2 Parkings (Double Parking)
Pet Friendly
Sizes
Land Size 496 m²
Floor Size 140 m²
Listing Info
Date Listed 05-09-25
Time Listed 14:15

Eikendal, Kraaifontein

For years Kraaifontein was regarded as the ugly stepsister of the slightly more upmarket Brackenfell and Durbanville. This perception has changed dramatically in recent years, thanks to expansive development and rejuvenation initiatives in the area.Today Kraaifontein offers excellent value for money. One is often able to find an older, previously loved home for a steal. With a bit of TLC these properties are easily spruced up and it is not uncommon to see minor renovations to these properties adding significant value to overall property price.Kraaifontein offers easy access to the N1 highway and a selection of shopping malls are conveniently located in close proximity to all the main neighbourhoods in Kraaifontein. The schools in...
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Disclaimer

While every effort will be made to ensure that the information contained within the Alexander Swart Property Group website is accurate and up to date, Alexander Swart Property Group 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.