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Terenure, Terenure, Kempton Park, Gauteng
R 8 500 000
Discover an outstanding investment opportunity in the heart of Terenure, Kempton Park. Situated within a secure enclosed estate, this versatile property features a spacious 6-bedroom family home together with 11 self-contained rental units, generating an impressive monthly rental income of approximately R60,000. Whether you`re an experienced investor or looking to expand your property portfolio, this income-producing property offers excellent value, strong rental potential, and long-term growth. Main Residence The well-maintained main house offers generous living spaces designed for comfortable family living and entertaining. Features include: • 6 spacious bedrooms with air conditioning • 3 bathrooms • Large kitchen with scullery and separate laundry • Dining room overlooking the kitchen • Multiple lounges • Dedicated office/study • Welcoming entrance hall • Entertainment sunroom • Cozy lounge with a fireplace • Combination of tiled and parquet flooring Outdoor Features • Swimming pool • Parking for 6 vehicles, including 4 covered carports 11 Self-Contained Rental Flatlets Generating a combined rental income of approximately R60,000 per month, the flatlets provide an excellent and reliable income stream. The accommodation consists of: • 3 Bachelor Flats – each with a kitchen and bathroom • 2 One-Bedroom Flats – each with a lounge, kitchen, and bathroom • 6 Two-Bedroom Flats – each with a lounge, kitchen, and bathroom Each unit features: • Private entrance • Independent living space • Access to 12 covered parking bays Additional Features Borehole, JoJo water tank, 2 storerooms, Electric fencing, Alarm system, Located within a secure enclosed estate Investment Highlights • Large 3,418m² stand • Established monthly rental income of approximately R60,000 • Secure estate location • Multiple income streams • Ideal for investors seeking strong cash flow and future capital appreciation This rare investment opportunity combines a spacious family residence with substantial rental income in one of Kempton Park`s sought-after secure locations. Don`t miss the chance to own a property that delivers both lifestyle and exceptional investment returns.
Estimated monthly repayment
R 80 268
on a R 7 650 000 bond over 20 years at 11.25%
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Terenure, Terenure, Kempton Park, Gauteng
Listed by
Karabo Tshabalala
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