Income generating 2 Bedroom house with 3 flats
This is a property with genuine income-generating potential and room to grow! Offering the scale and flexibility of what is essentially two stands in one, this is an exciting opportunity for investors, extended families or buyers looking to build a substantial rental portfolio.
The property features a comfortable 2-bedroom, 2-bathroom main house with a modern kitchen, open-plan lounge and dining area, and sliding doors opening onto a spacious courtyard.
Adding to its commercial appeal are three separate rental flats. Two of the flats have their own kitchen and lounge area, bedroom or sleeping area, and bathroom fitted with a shower, toilet and basin.
The smaller third flat only has a kitchenette, bathroom and sleeping area, but it offers an additional loft-style sleeping area.
With permanent tenants already in place, rental income is flowing from day one.
The real attraction is the impressive 1,999m² stand offering exciting possibilities to develop further flats and increase monthly rental returns.
The property comes complete with a large double garage, plenty of additional parking and three water tanks. Enjoy a convenient location just moments from shops and the main town centre, with easy access to public transport and all essential amenities.
PROPERTY HIGHLIGHTS:
- Spacious house with 2-bedrooms and 2-bathrooms (main en-suite).
- Three separate rental flats.
- Existing permanent tenants and rental income.
- Substantial grounds with potential for further development.
- Opportunity to increase monthly rental revenue.
- Double garage and ample parking.
- Three 5000L water tanks.
- Convenient location close to shops and town.
More than just a home – this is an income-generating property with the space, scale and potential to become an even bigger investment.
The property features a comfortable 2-bedroom, 2-bathroom main house with a modern kitchen, open-plan lounge and dining area, and sliding doors opening onto a spacious courtyard.
Adding to its commercial appeal are three separate rental flats. Two of the flats have their own kitchen and lounge area, bedroom or sleeping area, and bathroom fitted with a shower, toilet and basin.
The smaller third flat only has a kitchenette, bathroom and sleeping area, but it offers an additional loft-style sleeping area.
With permanent tenants already in place, rental income is flowing from day one.
The real attraction is the impressive 1,999m² stand offering exciting possibilities to develop further flats and increase monthly rental returns.
The property comes complete with a large double garage, plenty of additional parking and three water tanks. Enjoy a convenient location just moments from shops and the main town centre, with easy access to public transport and all essential amenities.
PROPERTY HIGHLIGHTS:
- Spacious house with 2-bedrooms and 2-bathrooms (main en-suite).
- Three separate rental flats.
- Existing permanent tenants and rental income.
- Substantial grounds with potential for further development.
- Opportunity to increase monthly rental revenue.
- Double garage and ample parking.
- Three 5000L water tanks.
- Convenient location close to shops and town.
More than just a home – this is an income-generating property with the space, scale and potential to become an even bigger investment.
Monthly Rates
R1,575
Features
Interior
Exterior
Sizes
Listing Info
Manaba Beach, Margate
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
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