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Rocklands, Rocklands, Mitchells Plain, Western Cape
R 1 499 000
Multiple Income Streams - Endless Potential Calling all investors! This is a rare opportunity to acquire a high-income potential property offering multiple accommodation units on one erf. Whether you're looking to expand your property portfolio, establish student accommodation, staff housing, or long-term rentals, this property presents outstanding potential. The property comprises four separate accommodation units, providing a total of 20 bedrooms. Each unit is independently serviced with its own water meter and electricity meter, allowing for convenient tenant management and individual billing. Property Features - Total of 20 bedrooms - Main house with 3 bedrooms - Accommodation units comprising: 6-bedroom unit 5-bedroom unit 6-bedroom unit - Separate water meter for each unit - Separate electricity meter for each unit - Excellent rental income potential - Ideal for student accommodation, staff housing, or long-term rentals - Large investment opportunity - Property offers tremendous potential with value-adding opportunities - Investment Opportunity While the property requires some TLC and upgrading, it provides the perfect opportunity for an investor to renovate, modernise, and significantly increase its rental income and overall market value. Properties of this scale and income-generating potential are seldom available. Conveniently Located Perfectly positioned close to a wide range of amenities, including: - Bus routes and public transport - Major access roads - Primary and secondary schools - Churches and places of worship - Shopping centres and malls - Beautiful beaches - Public swimming pools This central location makes the property highly attractive to tenants, further enhancing its investment appeal. Whether you're catering to families, professionals, or shared accommodation, the convenience of nearby amenities adds significant value and long-term rental demand With the right vision, this property could become a highly profitable investment for years to come. Don't miss this exceptional opportunity to unlock the full potential of this multi-unit investment property. Contact Sharderick & Zulpha at Theron Property Group today to arrange your exclusive viewing.
Estimated monthly repayment
R 14 156
on a R 1 349 100 bond over 20 years at 11.25%
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Rocklands, Rocklands, Mitchells Plain, Western Cape
Fair-value check
Priced highPriced 77% above comparable 4-bed houses for sale in Rocklands
Based on 12 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Deon Zuma
Unclaimed listing — claim it to verify
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