Please note: Our client is aiming for a selling price in the range of R2,000,000 to R2,800,000. These figures are provided as a guideline and should not be taken as the final selling price. The seller reserves the right to review and adjust the price before a full and binding agreement of sale. All written offers will be considered, subject to final terms and conditions.
Icon Property Group proudly presents this prime investment opportunity in the safe and well-established suburb of Oakdene, Kuilsriver. This sought-after area offers convenient access to major transport routes, reputable schools, shopping centres, and medical facilities, making it a desirable location for both tenants and investors. Oakdene is known for its strong community appeal and stable property values, ensuring long-term growth potential.
This expansive property is set on a generous 1003m² erf and features 10 bedrooms, several complete with en-suite bathrooms. The layout is highly versatile, catering to multi-tenant living, student accommodation, or short-term rental opportunities. Already partially tenanted, the property is currently generating an estimated R30,000 per month, with significant potential to increase returns once fully occupied.
With ample space, multiple income streams, and strong demand in the area, this property offers investors an exceptional opportunity to maximize rental yields while benefiting from capital appreciation in a safe and thriving suburb.