House with Flats

This one is ideal for a Cash investor. Banks will not bond an incomplete structure. Unlock incredible cash-flow potential with this versatile residential property situated in beloved Heather Park, Eersterivier. Designed for maximum rental yield, this property offers a seamless mix of immediate income and substantial value-add opportunity. Current Gross Rental Income: R13,800 per month (with significant upside potential).

Key Features & Asset Breakdown:
• 6 Completed Bachelor Units:
o Open-plan layout with dedicated en-suite bathroom (shower, basin, toilet).
o Fully tenanted at R2,300/month each (R13,800 total monthly income).

6 Incomplete Bachelor Units:
o Structure and roofing already complete.
o Ready for internal finishes—ideal for doubling your unit revenue stream once finished.

Primary Residence (2-Bed, 1-Bath):
o Low-maintenance, solid red face-brick construction.
o Minimal cosmetic work required (needs built-in kitchen cupboards).
o Can be rented out separately for additional yield.

Prime Location & Tenant Appeal:
• Unmatched Convenience: Three major shopping centers are within easy walking distance, anchored by Shoprite, Pick n Pay, and Spar, along with popular retail stores (Mr Price, Pep, PnP Clothing).
• Excellent Transport Links: Situated near Eersterivier Train Station with immediate access to main-road bus routes connecting tenants directly to greater Cape Town.
A high-density rental setup with huge upside—schedule your viewing today to secure your next cash-flowing asset!