High-Income Multi-Let Investment with Excellent Rental Returns
Why to Buy Fully established multi-let investment property
5 income-generating rental rooms
Separate cottage providing additional rental income
Garage currently rented separately
Strong monthly rental income from multiple tenants
Spacious stand with ample parking space
Functional communal living facilities
Ideal turnkey investment with existing rental setup
Opportunity to increase rental income over time
Centrally located close to schools, shopping centres, public transport and major routes
Current Monthly Rental Income Unit Monthly Rental
Room 1 R2,500
Room 2 R1,800
Room 3 R2,200
Room 4 R1,800
Room 5 R2,200
Cottage R2,500
Garage R2,200
Total Monthly Rental Income: R15,200 Property Description Calling all investors! This excellent multi-let property in the heart of Brakpan presents a fantastic opportunity to secure a fully income-producing asset with multiple rental streams already in place. Designed to maximise rental returns, this property offers immediate cash flow while still providing scope for future growth.
The property currently consists of five rentable rooms, each offering comfortable accommodation for tenants. In addition to the main accommodation, there is a separate cottage that generates its own rental income, while the garage is also independently rented, further increasing the property''s earning potential.
The current rental structure generates a combined monthly income of R15,200, making this an attractive investment for buyers looking to expand their property portfolio or generate reliable passive income.
The property offers generous yard space with ample parking for tenants, while the layout allows for practical communal living. Its functional design makes management straightforward and ensures consistent demand from the rental market.
Conveniently located close to shopping centres, schools, public transport, and major transport routes, the property enjoys excellent accessibility, making it highly attractive to tenants seeking affordable accommodation in a well-positioned area.
Whether you are an experienced property investor or looking to purchase your first income-producing asset, this established multi-let offers immediate returns with the potential to further optimise rental income over time.
DORICEL PTY LTD trading as REMAX Superior Mulbarton operates in terms of a franchise agreement with REMAX of Southern Africa.