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Oakdene, Oakdene, Kuils River, Western Cape
R 2 700 000
Investor’s Dream – Multi-tenanted property generating R33,000+ p/m | Huge upside potential. This 1003m² multi-tenant investment property in Kuilsriver offers strong monthly returns and exciting potential for growth. Currently generating ±R33,400 per month across 9 rental units, this property is ideal for investors looking for immediate income with room to increase returns through value-adding improvements. Units Breakdown: A mix of 1- and 2-bedroom units Communal kitchens (2) + 1 One section currently used as storage – can be converted into additional rooms or a laundromat Two vacant sections offering opportunity to expand total income to ±R38,000–R40,000 p/m TLC required, but strong foundation and solid structure. Potential yield above 15% once optimized. Secure, well-positioned, and suitable for long-term tenants. A fantastic opportunity for investors seeking solid cash flow with excellent upside once light renovations are done. Contact Rudolph De Beer for more information and to make an offer.
Estimated monthly repayment
R 25 497
on a R 2 430 000 bond over 20 years at 11.25%
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Oakdene, Oakdene, Kuils River, Western Cape
Area view — the exact address is shared on enquiry.
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