This well-located investment property in Freemanville is conveniently situated just around the corner from Meriringspark Primary School and close to all essential local amenities. Offering exceptional income potential, this property is a true money-making gem, generating a total rental income of up to R14,500 per month — an excellent return on investment.
The property consists of a 4-bedroom, 1-bathroom main house, a 1-bedroom flatlet, and an additional bachelor’s flatlet, making it ideal for multi-tenant living.
Main House: The main house features its own private garden and veranda, creating a comfortable and inviting living space. Inside, you’ll find a cozy lounge with a fireplace, a separate TV room, and a spacious kitchen fitted with ample built-in cupboards, a scullery, and a gas stove. The home offers four well-sized bedrooms with built-in cupboards, and...
This well-located investment property in Freemanville is conveniently situated just around the corner from Meriringspark Primary School and close to all essential local amenities. Offering exceptional income potential, this property is a true money-making gem, generating a total rental income of up to R14,500 per month — an excellent return on investment.
The property consists of a 4-bedroom, 1-bathroom main house, a 1-bedroom flatlet, and an additional bachelor’s flatlet, making it ideal for multi-tenant living.
Main House: The main house features its own private garden and veranda, creating a comfortable and inviting living space. Inside, you’ll find a cozy lounge with a fireplace, a separate TV room, and a spacious kitchen fitted with ample built-in cupboards, a scullery, and a gas stove. The home offers four well-sized bedrooms with built-in cupboards, and one bathroom. >> Current rental income: R6,500 per month.
1-Bedroom Flatlet: The 1-bedroom flatlet boasts a spacious open-plan lounge and dining area, a kitchen with built-in cupboards, and a large bedroom with an en-suite shower. An additional bathroom with a shower adds extra convenience. >> The owner currently occupies this unit, but it has the potential to generate R4,500 per month.
Bachelor’s Flatlet: The bachelor’s flatlet includes a kitchenette, an open-plan living and sleeping area, and one bathroom. >> Current rental income: R3,500 per month.
Additional Features:
- Separate municipal prepaid electricity meters for the house and flatlets
- 5kW inverter system with 6 solar panels, ideal for uninterrupted power during load shedding and controllable via mobile device
- Borehole and Hunter irrigation system, both saving on water costs and controllable via mobile device
- Ample carport parking for all tenants
- Fenced swimming pool and Lapa with braai area
Secure property with burglar bars and safety gates. This property truly ticks all the boxes for a solid, low-maintenance investment with excellent income potential. Contact Theuns at Property Info today to arrange your private viewing!