6 Bedroom House for sale in Kilner Park

Exceptional Investment Opportunity with Multiple Income Streams – Ideal for Investors or Extended Family Living Situated in a prime location close to schools and tertiary institutions, including universities, this property offers an outstanding investment opportunity with excellent rental income potential, while also being perfectly suited for a large or extended family. The main house features a large kitchen with ample space for meal preparation and storage, as well as a spacious living room that creates a comfortable and welcoming area for family living and relaxation. The property further offers 6 income-generating rental rooms, currently rented with water and electricity included, providing a steady monthly income. Room 1 generates R2,900, Room 2 R2,900, Room 3 R2,312, while Rooms 4, 5, and 6 each generate R2,775 per month. In addition, the property includes 5 separate flatlets, each equipped with its own bathroom, kitchenette, prepaid electricity meter, and private geyser, offering convenience and privacy for tenants. Flatlet 1 and Flatlet 2 are bachelor units, each generating R3,400 per month. Flatlet 3 is a studio apartment generating R2,890 per month. Flatlet 4 is a spacious 1-bedroom flatlet generating R4,500, while Flatlet 5 is another 1-bedroom flatlet generating R4,700 per month. The property offers a spacious yard with ample marked parking bays, ensuring secure and organized parking for tenants and visitors. A borehole is also available on the property, although its current working condition is unknown. Whether you are looking to expand your investment portfolio with a high-income rental property or searching for a spacious home that can accommodate a large family while generating additional income, this property offers exceptional versatility and value. Don’t miss out on this rare opportunity.