5 Bedroom House for sale in Grassy Park

Investment Property in Montagues Gift 3 Separate Units | Undercover Parking for 4 | Strong Rental Demand This well-designed property in Montagues Gift gives you three fully separate units on one erf - perfect for multi-stream rental income while keeping management simple. Property layout: Unit 1: Main House 2 bedrooms, 1bathrooms, open-plan kitchen/lounge, private garden/yard area. Ideal for families or executive tenants. Unit 2: Granny Flat 2 bedrooms, 1 bathroom, kitchenette + lounge. Separate entrance for privacy. Unit 3: Bachelor/Studio 1 bedroom, 1 bathroom, open-plan kitchen/living. Low maintenance, high demand. Key features: Parking: Secure undercover parking for 4 vehicles + additional visitor bays. Each unit has dedicated parking. Access: All units have separate entrances, meters, and yards where possible - true independent living. Security: Perimeter walling, Peace of mind for tenants. Location perks: Montagues Gift is a quiet, established area in Cape Town with quick access to N1, shopping centres, schools, and industrial nodes. High rental demand from small families. Why the returns stack up: Multiple income streams: Rent out 3 units instead of 1. If one is vacant, the other two still cover most costs. Low vacancy risk: Montagues Gift has consistent demand due to location + affordability vs nearby suburbs. Cost efficiency: One set of rates/taxes, one property to maintain, three rental incomes Based on current Montagues Gift rentals, similar setups gross R28k-R38k/month depending on finishes and furnishing. With separate utilities, VICTORY TICKET 72 CC trading as RE/MAX Impact (Grassy Park) operates in terms of a franchise agreement with RE/MAX of Southern Africa.