This is not just a property – it’s a working investment. A 3-bedroom main house plus two separate flats bring in a total of R24 000 in monthly rental income. Your bond? Around R18K. That’s R6 000 in your pocket every month from day one.
Live in the main house and rent out the flats for R11 500, covering most of your bond – meaning you live for as little as R7 000–R8 000 a month. That’s cheaper than renting, and you own the asset.
The property offers:
Main house: 3 bedrooms, 2.5 bathrooms, entertainment room/study, kitchen, dining and lounge, covered laundry, and private yard (currently rented for R12 500).
Flat A: Bachelor with own entrance and yard (R5 500/month).
Flat B: 1-bedroom with lounge and ensuite (R6 000/month).
Condition is fair – needs some maintenance.
Whether you're looking to reduce your monthly living costs or build your portfolio, this property makes financial sense.
What's On! is the name, property is the game.
