Exclusive Sole Mandate: Excellent Investment Opportunity in Denneoord
This versatile income-generating property, ideally situated in the well-known and desirable suburb of Denneoord, presents an outstanding opportunity for investors looking for strong, consistent returns. With an impressive annual rental income of R225 960, this property offers both immediate cash flow and long-term value.
The property is thoughtfully laid out to accommodate multiple tenants, featuring a main house and two separate flatlets—each with its own private space and amenities.
Main House:
The main dwelling offers comfortable living with 2 well-sized bedrooms, 1 bathroom, a lounge, and a functional kitchen. A dedicated study adds extra flexibility for remote work or additional living space. The home opens onto a patio overlooking a private garden area, creating a relaxed and inviting atmosphere.
Flatlet 1:
This unit includes 1 bedroom and 1 bathroom (with shower), a cozy lounge, and a kitchenette. The patio features a built-in braai, along with a small private garden—ideal for tenants seeking a bit of outdoor space.
Flatlet 2:
Offering 2 bedrooms, 1 bathroom, and a kitchenette, this flatlet is well-suited for small families or shared living. It also includes a patio and a private courtyard, enhancing its appeal and functionality.
Additional Features:
Secure, under-roof parking for peace of mind
Well-maintained and practical layout for multiple tenants
Located in a popular, high-demand rental area
This property is a rare find for investors looking to expand their portfolio with a solid, income-producing asset in a prime location.
Don’t miss out on this exceptional opportunity—contact us today to arrange a viewing!
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Based on 5 live for-sale listings in this suburb.
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Rank it by price, price per m² and size against 5 listings in Denneoord.