- 3
- 3
- 259 m2
Monthly Costs
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Mun. Rates & Taxes: ZAR 912.50
Property description
For Sale: Multi-Let Investment Property | R20,000 Monthly Income | 259m² Stand
This multi-let property is a real income generator — ideal for serious investors or anyone looking to build long-term wealth through real estate. Located in a well-developed and accessible area, this property offers three separate rental cottages, all fully tenanted and bringing in a combined rental income of R20,000 per month.
Rental Breakdown:
Cottage 1: R7,500/month
Cottage 2: R7,500/month
Cottage 3: R5,000/month
Total Monthly Rental Income: R20,000
Each unit is privately designed and well-maintained, giving tenants comfort and independence — with potential to expand or optimise for even higher returns.
Property Details:
Stand Size: 259m²
Modern finishes and neat paved driveway
Covered parking and secure gate access
Low-maintenance layout with a combination of tiled and open outdoor areas
Perfect setup for multi-tenant accommodation
Why Investors Love It:
Strong rental yield from day one
Stable tenant occupancy with room to increase rates
Growing demand for rental units in the area
Compact, efficient design that maximises return per square metre
This property is already performing well, but with a few smart upgrades or short-term rental conversions, it can easily push past the current R20,000 monthly income mark.
Property Details
- 3 Bedrooms
- 3 Bathrooms
- 2 Ensuite
- 3 Lounges
- 3 Dining Area
Property Features
- Balcony
- Laundry
- Pets Allowed
- Access Gate
- Alarm
- Kitchen
Video
| Bedrooms | 3 |
| Bathrooms | 3 |
| Erf Size | 259 m2 |
Contact the Agent
Vuyo Mnyantsi
Candidate Property Practitioner