R1,450,000
The Ultimate Multi-Income Investment Opportunity
Unlock the potential of this expansive full-title property in the heart of Oos Einde. With a massive footprint of 338 m², this property is a goldmine for investors looking to maximize rental yield, or for developers ready to add immediate value through modernisation.
The property is currently configured into four distinct living spaces, allowing you to collect multiple rental cheques every month. Yes, it needs maintenance and modernising—but that is exactly where the equity is. Sweat equity here means serious returns.
THE INCOME-GENERATING LAYOUT
1. The Main House (3-Bedroom)
- 3 spacious bedrooms | 1 bathroom
- Spacious living room and dining room
- Large kitchen with a small attached outside room
- Outside storeroom
2. Flatlet 1: The Bachelor Pad
- Open-plan bachelor flat | Full bathroom
- Perfect for a single professional or student.
3. Flatlet 2: The 1-Bedroom Unit
- 1 bedroom | Separate living room | Bathroom | Small kitchen area
- Ideal for a young couple or single professional.
4. Flatlet 3: The 2-Bedroom Family Unit
- 2 bedrooms (including a master with an en-suite bathroom)
- Main bathroom | Open-plan living room and kitchen | Private porch
- Highly sought-after rental configuration for small families.
KEY FEATURES & AMENITIES
- Massive Parking: Double carport in front (approx. 6 vehicles total) + rear carport (2–3 vehicles).
- Water Security: Functional borehole on the property – a massive saving and selling point for tenants.
- Swimming Pool: Great for tenant lifestyle appeal (requires some attention).
- Storage: 2 Wendy houses (currently in poor condition – excellent for conversion or storage).
- Electricity Setup: Smartly configured for rentals. Main house and one flatlet share a prepaid meter; other flats and the Wendy house have separate municipal/prepaid connections. Tenants pay for their own usage!
BUSINESS RIGHTS POTENTIAL:
(Note: Previous owner indicated the property has business rights. This is subject to municipal verification, but if confirmed, the potential for commercial conversion, a guesthouse, or a formal boarding facility is enormous.)
THE VALUE-ADD OPPORTUNITY (For Developers & Visionaries)
This property requires painting, modernising, and general maintenance. We are pricing this in.
- Renovate & Hold: Update the units, increase the monthly rental income, and watch your ROI soar.
- Fix & Flip: Add modern finishes and resell to a family looking for a multi-generational setup.
- Develop: With over 1,200 m² of land, explore the potential for further development (subject to municipal approval).
Opportunities like this—with four income streams on one title—rarely come to market. Bring your tools, your vision, and your budget. Turn this diamond in the rough into a polished cash cow.
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Disclaimer
While every effort will be made to ensure that the information contained within the Century 21 South Africa website is accurate and up to date, Century 21 South Africa 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.