Investment Opportunity: Value-Add Gem with Existing Rental Income
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.
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Eikendal, Kraaifontein
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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.