Imizamo Yethu, Hout Bay

R15,000-R20,000 MONTHLY INCOME | POTENTIAL FOR 6 ADDITIONAL UNITS

An exciting opportunity for investors looking for an income-generating property with significant future development potential.

Situated in Imizamo Yethu, Hout Bay, this spacious 6-bedroom property currently generates approximately R15,000-R20 000 per month in rental income.

The property also offers additional land with the potential to develop up to 6 further units, subject to the necessary approvals and applicable development regulations.

Investment Highlights

* 6 existing bedrooms
* Approximately R15,000- R20 000 monthly rental income
* Additional land with potential for up to 6 units
* Opportunity to significantly increase future rental income
* Established residential location in Hout Bay
* Ideal for investors, developers or buyers looking to expand their rental portfolio

This property offers the opportunity to acquire an existing income-producing asset while having the potential to unlock additional value through future development.

For an investor, the combination of current rental income and additional development potential creates an opportunity to grow both the property's income and overall investment value.

Contact Refentse today to arrange a viewing and explore the full investment potential.