- 6
- 4
- 4
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1235.00
Property description
Unlock the potential of this exceptional income-generating property situated in the sought-after suburb of Zeekoevlei, Cape Town.
Whether you're an experienced investor or looking to expand your property portfolio, this multi-unit property offers immediate rental income with excellent value-add potential.
The property comprises three fully self-contained units, each with its own open-plan kitchen, lounge, and bathroom, making it ideal for long-term rentals or staff accommodation.
Property Breakdown:
Unit 1
2 Bedrooms
2 Bathrooms
Open-plan Kitchen & Lounge
Currently generating R10 000 per month
Unit 2
2 Bedrooms
1 Bathroom
Open-plan Kitchen & Lounge
Currently generating R15 000 per month
Unit 3
2 Bedrooms
1 Bathroom
Open-plan Kitchen & Lounge
Currently generating R15 000 per month
Current Rental Income: Approximately R40 000 per month
Additional Features
4-Car Garage
Indoor Braai Area
Indoor Pool Enclosure
CCTV Security System
Burglar Bars
Automated Garage Doors
Unfinished Rear Room with Additional Potential
The property is currently occupied by tenants on month-to-month lease agreements, providing flexibility for the new owner to continue generating rental income or make improvements as desired.
The seller has disclosed that some renovation work remains unfinished, including the swimming pool, pool enclosure, ceiling work in one unit, and a rear structure attached to the main dwelling.
These improvements present an excellent opportunity to further enhance the property's value and maximise future returns.
Located on Weaver Way, Zeekoevlei, the property enjoys easy access to schools, shopping centres, public transport, and major transport routes, making it an attractive choice for tenants.
Whether you're looking for a high-yield investment, staff accommodation, or a property with future development potential, this is an opportunity not to be missed.
Contact me today to arrange a private viewing and discover the income potential this property has to offer.
Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.
Property Details
- 6 Bedrooms
- 4 Bathrooms
- 4 Garages
- 3 Lounges
Property Features
- Pool
- Access Gate
- Garden
- Unit 1 - 2 Bedrooms 2 Bathrooms Open-plan Kitchen & Lounge
- Unit 2 - 2 Bedrooms 1 Bathroom Open-plan Kitchen & Lounge
- Unit 3 - 2 Bedrooms 1 Bathroom Open-plan Kitchen & Lounge
| Bedrooms | 6 |
| Bathrooms | 4 |
| Garages | 4 |
