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Olivier Street, Roodepoort Central, Roodepoort, Gauteng
R 1 680 000
An exceptional opportunity awaits with this versatile freehold property, perfectly designed for investors seeking strong, consistent rental income or buyers looking to live on-site while generating additional revenue. This well-utilised property offers a spacious 5-bedroom main house complemented by multiple income-generating units, including two bachelor flats and a separate cottage, with one unit designed as a double-storey for added space and appeal. Each unit is thoughtfully laid out to provide privacy, comfort, and independence, making it highly attractive to long-term tenants. The property is equipped with separate electricity meters and geysers, ensuring efficient management of utilities, while three-phase electricity adds further value and flexibility. Security is enhanced with outdoor sensor lighting covering the yard, offering peace of mind for residents. The main house features generous living areas, well-sized bedrooms, and a functional kitchen, ideal for owner-occupation or additional rental income. The additional dwellings create multiple income streams, with a combined rental potential of approximately R22,000 per month. Set on a spacious freehold stand, the property provides ample parking for multiple vehicles, along with room for future improvements or expansion. Key Highlights: Freehold property with multiple dwellings 5-bedroom main house 2 bachelor units and 1 cottage (including a double-storey unit) Estimated rental income ± R22,000 per month Separate meters and geysers for each unit Three-phase electricity Ample parking and large yard Ideal for investors or extended family living This is a rare, income-generating asset offering both flexibility and excellent returns in a well-established area. Secure this investment opportunity today — contact me to arrange your exclusive viewing.
Estimated monthly repayment
R 15 865
on a R 1 512 000 bond over 20 years at 11.25%
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Olivier Street, Roodepoort Central, Roodepoort, Gauteng
Listed by
Deon Naidoo
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