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R5,500,000

R5,500,000

8 Bedroom Freehold For Sale in Westville
8
Bedrooms
7
Bathrooms
5
Garages
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EXCEPTIONAL INVESTMENT OPPORTUNITY: SECTIONAL TITLE SCHEME WITH LUCRATIVE RETURNS

Web Ref. TPR20992
Land size 5478.00 m²
Floor size 549.00 m²
Monthly Bond Repayment
R54,910.89
A rare and highly profitable Sectional Title Scheme is now available in the sought-after Grayleigh, Westville — an investment opportunity that delivers consistent returns. Generating a gross monthly income of R42,000, with rates of R3,600, this property provides a net income of R38,400 per month, a stable yield maintained since 2018.

This fully tenanted scheme comprises two spacious units plus a granny flat, offering both immediate income and future development potential.

SECTION 1
Main Unit:
3 bedrooms, 2 bathrooms, lounge, dining room, fitted kitchen, entertainment area, and double lock-up garage.
Granny Flat: 1 bedroom, open-plan lounge & kitchenette, bathroom, and single lock-up garage.
Rental Income: R16,500 (main unit) + R8,000 (granny flat) = R24,500 per month.

SECTION 2
4 bedrooms, 3 bathrooms, lounge, dining room, kitchen, double garage, and a private pool.
Rental Income: R17,500 per month.

FUTURE DEVELOPMENT POTENTIAL
The property includes Real Rights, allowing for the construction of an additional 4-bedroom unit, enhancing long-term investment value.

PRESTIGIOUS LOCATION & LIFESTYLE APPEAL
Situated in the secure Cowies Hills Estate, this well-maintained complex offers:
Prime Location: Close to shopping malls, top schools, and healthcare facilities.
Security & Peace of Mind: Within a controlled-access estate.
Private Gardens: Ideal for families and pet-friendly living.
Effortless Investment: Low-maintenance, high-return rental property.

This exceptional investment is perfect for smart investors seeking passive income and capital appreciation. Opportunities like this are rare—schedule your private viewing today!
Monthly Rates R3,600

Features

Interior
8 Bedrooms
7 Bathrooms
3 Kitchens
3 Lounges
3 Dining Rooms
1 Study
Exterior
5 Garages
5 Parkings
1 Flatlet
Pet Friendly
Pool
Security
Sizes
Land Size 5,478 m²
Floor Size 549 m²
Listing Info
Date Listed 19-02-25
Time Listed 10:16

Disclaimer

While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.