12 Bedroom House for sale in Whetstone

### Property Investment Opportunity with Immediate Rental Income **Engel & Volkers** proudly presents a remarkable investment opportunity featuring **6 separate units**, each thoughtfully designed to offer comfortable living spaces. Each unit comprises: - **2 Bedrooms** - **1 Bathroom** - **Fully Equipped Kitchen** - **Lounge Area** - **Private Balcony/Patio** - **Designated Parking Bay** This attractive layout is not only ideal for tenants seeking decent living space and essential amenities, but it also presents a lucrative investment for discerning buyers. ### Key Highlights: - **Fully Occupied:** All 6 units are currently tenanted, ensuring a reliable and immediate rental income stream without the concerns of vacancies. - **Rental Income Potential:** The estimated monthly rental income ranges from **R35,000 to R38,000**, reflecting the varied rental rates across the units and occasional fluctuations in occupancy. - **Pre-Paid Utilities:** Both electricity and water are on a pre-paid basis, providing advantages to both landlords and tenants. For landlords, this ensures consistent cash flow without unexpected expenses. For tenants, it fosters better budget management, allowing them to control their utility consumption. - **Reduced Vacancy Risks:** With full occupancy, this property offers a stable income, with potential monthly rental income suggesting strong returns aligned with local market dynamics. - **Investor Appeal:** Properties with multiple units are particularly attractive to investors due to diversified rental income streams and the potential for economies of scale in management and maintenance. ### Investment Evaluation: To assess the investment's viability, consider calculating key financial metrics such as the **gross rental yield** (annual rental income divided by property value) and **net rental yield** (annual rental income after expenses divided by property value). These metrics will facilitate a comprehensive evaluation of the property's performance and assist in comparative analysis with other investment opportunities. ### Conclusion: This property represents a promising investment with consistent rental income, appealing pre-paid utilities structure that benefits both landlords and tenants, and robust potential for long-term returns. With thorough maintenance, the value of this property is poised to appreciate, offering both stability and growth for investors in a thriving rental market. Don’t miss out on this exceptional opportunity—contact us today to learn more!

15 Woodstone Place, Whetstone, Phoenix, KwaZulu-Natal