Multi-Unit Property with Reliable Rental Income
Nestled in a peaceful cul-de-sac, this versatile property offers both lifestyle comfort and secure income potential. The home has been divided into 3 separate flats, with an additional wooden garden cottage near the top of the property.
On the ground floor, you’ll find two fully furnished studio apartments, each secured by long-term rental agreements. Together, these units generate a reliable monthly income of R16,000, with the current corporate tenants eager to continue the arrangement under new ownership.
The main upstairs residence boasts a spacious open plan living, dining, and kitchen area, complemented by two bedrooms and a bathroom. A private balcony overlooks the front garden.
Adding further charm, a fully furnished wooden garden cottage offers an open-plan bedroom with a kitchenette, and veranda, perfect for guests or short-term rentals.
Both the cottage and the main upstairs unit are equipped with air-conditioning, ensuring year-round comfort.
Practical features include:
• 2-car carport plus 2 additional open parking bays
• Generator supporting the main house and ground-floor units
• 4 rainwater-fed JoJo tanks
• All three self-catering units fully furnished and ready to earn
With its blend of tranquility, character, and proven rental agreements, this property is a rare find. Whether envisioned as a family home with income support or a dedicated investment, it offers immediate returns and long-term potential
*Viewings by appointment only
Let's Talk!
On the ground floor, you’ll find two fully furnished studio apartments, each secured by long-term rental agreements. Together, these units generate a reliable monthly income of R16,000, with the current corporate tenants eager to continue the arrangement under new ownership.
The main upstairs residence boasts a spacious open plan living, dining, and kitchen area, complemented by two bedrooms and a bathroom. A private balcony overlooks the front garden.
Adding further charm, a fully furnished wooden garden cottage offers an open-plan bedroom with a kitchenette, and veranda, perfect for guests or short-term rentals.
Both the cottage and the main upstairs unit are equipped with air-conditioning, ensuring year-round comfort.
Practical features include:
• 2-car carport plus 2 additional open parking bays
• Generator supporting the main house and ground-floor units
• 4 rainwater-fed JoJo tanks
• All three self-catering units fully furnished and ready to earn
With its blend of tranquility, character, and proven rental agreements, this property is a rare find. Whether envisioned as a family home with income support or a dedicated investment, it offers immediate returns and long-term potential
*Viewings by appointment only
Let's Talk!
Monthly Rates
R1,443
Features
Interior
Exterior
Sizes
Listing Info
Howick North, Howick
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
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.
