5 Bedroom House for sale in Rietfontein

*** EXCLUSIVE MANDATE*** Prime located investment property in Rietfontein with rental income from 5 rental units. This property has rental contracts in place, therefore ideally utilised as an investment property rather than for personal living. The main house has been converted into 4 of the 5 units. The 5th unit is a separate outbuilding from the other 4 units. This large erf is situated high up in Rietfontein and is currently being utilised as 5 units rented out residentially. The unit descriptions and potential rental income are set out as follow: Unit 1 - R 6,900/ month - This unit features a small kitchen and open plan living room - Bathroom with bath, shower and basin - Top floor spacious bedroom with built-in cupboards Unit 2 - R 5000/month - Open plan living area and kitchen nook - Small nook with built-in cupboards that can be used for dining space or a bedroom - Separate bedroom - Bathroom with bath, toilet and basin Unit 3: R 4,500/month - Bachelor's flat with kitchen nook and bathroom with shower, toilet and basin Unit 4: R 4429/month - Bachelor's flat setup with built-in cupboards, kitchen nook and bathroom with toilet, basin and shower Unit 5: Separate/ Detached unit R 5562/month - Kitchen - Living area - Bathroom with shower, basin and toilet - Separate bedroom - Study or small room Total rental income of about R 24,000/ month. Each unit has a braai area next to the unit and there is covered carport parking for each unit. At the back of the property is a shared lapa with built-in braai and swimming pool. Contact us for more information and to arrange a viewing.