Brace yourselves! We have a fantastic income generating opportunity waiting for you. This property is nestled in the heart of Escombe, one of the thriving suburbs of Queensburgh, South Africa.
Priced at just R2,800,000, this huge 6-bedroom, 5-bathroom brick and mortar home is currently divided into 5 income-generating units! Imagine that - not one, not two, but five streams of income each month, totalling an impressive R23,000!
The property comprises 2 x one-bedroom units, 1 x two-bedroom unit with a study and 2 x bachelor pad units. With creativity and vision, you have the flexibility to convert the bachelor pads into one-bedroom units or revert the 2 lower units back to the original 3/4 bedroom house while still maintaining 3 income-generating units.
Moreover, the top unit is a prefab construction with a charming balcony, perfect for those leisurely Queensburgh afternoons. With parking space for 10 plus vehicles, and complete with its own prepaid meter, water meter, and private entrance per unit, tenants will love the convenience on offer.
The main two-bedroom unit has 2 huge living areas and a double kitchen perfect for catering. It also includes an open dining area and lounge that opens onto the patio. Life's simple joys are certainly amplified here. Enjoy the morning coffee while looking at the beautifully laid out garden fed by its very own natural spring, then take advantage of the courtyard with wash lines.
With its arsenal of units, this property is a prime option for a bed and breakfast or Airbnb. Plus, it's located in Escombe, a serene and family-friendly neighbourhood of Queensburgh. From popular schools to an efficient public transport system and an array of recreational spots, everything you need is at your fingertips.
Don't miss out on this high-yield investment. If you're looking for a stable real estate venture with tremendous prospects, this quintessential Queensburgh property is the opportunity you've been waiting for. Contact us today and start your journey towards lucrative returns. For Rental Investments; think Queensburgh, think ROI!
Address:?
Escombe, Queensburgh, 4093, South Africa
Features:?
This property has 5 income generating units.
2 x one bedroom units
1 x Two bedroom unit with a study.
2 x Bachelor pad units.
Bachelor pads can be converted to a one bedroom.
2 lower units can be reverted back to the original 3/4 bedroom house. Leaving 3 income generating units.
The main property is brick and mortar, with a tiled roof. The top unit is prefab with a balcony. Parking for 10 plus cars. Fully fenced and gated.
Currently a total rental income of R23000.00 per month. Each unit has its own prepaid meter and water meter which is billed month end and there own entrance. Garden is beautifully laid out with its own natural spring.
The main unit of 2 bedrooms has 2 large living areas and a double kitchen which is great for catering purposes, a perfect dining area and lounge area opening onto the patio. The kitchen opens up onto a courtyard with wash lines.
The property is ideal for a bed and breakfast or an Airbnb. It has been used as such in the past but not registered as a bnb. Currently it is rented out per unit.
Bonus - most of the furniture is included in the sale
R1,456,051immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 3 bedroom property in Escombe on ImmoAfrica.net is R 1,456,051
R5,121immo · index
The current average sales price per square meter for a 3 bedroom property in Escombe on ImmoAfrica.net is R 5,121
R10,500immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 3 bedroom property in Escombe on ImmoAfrica.net is R 10,500
R99immo · index
The current average rental price per square meter for a 3 bedroom property in Escombe on ImmoAfrica.net is R 99
R1,064,111immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 2 bedroom property in Escombe on ImmoAfrica.net is R 1,064,111
R10,462immo · index
The current average sales price per square meter for a 2 bedroom property in Escombe on ImmoAfrica.net is R 10,462
R7,150immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 2 bedroom property in Escombe on ImmoAfrica.net is R 7,150
R118immo · index
The current average rental price per square meter for a 2 bedroom property in Escombe on ImmoAfrica.net is R 118
R1,836,059immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 4 bedroom property in Escombe on ImmoAfrica.net is R 1,836,059
R2,924immo · index
The current average sales price per square meter for a 4 bedroom property in Escombe on ImmoAfrica.net is R 2,924
R2,390,999immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 5 bedroom property in Escombe on ImmoAfrica.net is R 2,390,999
R2,322immo · index
The current average sales price per square meter for a 5 bedroom property in Escombe on ImmoAfrica.net is R 2,322
R795,000immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 1 bedroom property in Escombe on ImmoAfrica.net is R 795,000
R677immo · index
The current average sales price per square meter for a 1 bedroom property in Escombe on ImmoAfrica.net is R 677
R6,000immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 1 bedroom property in Escombe on ImmoAfrica.net is R 6,000
R80immo · index
The current average rental price per square meter for a 1 bedroom property in Escombe on ImmoAfrica.net is R 80
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
Fill in your email address, we will send you a link to change your password.
Welcome to ImmoAfrica!
Create a password to continue
Report this property
to ImmoAfrica head office
Cookie preferences
We use cookies and similar technologies on ImmoAfrica to give you the best personalised online
experience. You can change your settings at any time and find out more by visiting our Cookie Policy, which also explains why some cookies, that can't be turned off, are
required to operate our website more effectively.
