Spacious Multi-Living Property with Endless Potential !!!
A fantastic opportunity for investors seeking multiple rental income streams in Belgravia, Cape Town.
Set on a 496 m² erf, this spacious 280 m² property comprises:
• 4-bedroom, 2-bathroom main house
• Kitchen, lounge & dining area
• Two separate 2-bedroom granny flats
• Tandem garage
• Parking for 3 cars
• Potential for three rental income streams
Based on estimated market rentals, the property could potentially generate approximately R31,000 – R38,000 per month, depending on the rental strategy.
At an estimated rental income of R35,000 per month, the potential gross rental income is approximately R420,000 per year, representing an estimated 18.3% gross rental yield at the asking price of R2,295,000.
Ideal for investors looking to generate rental income from multiple units, or for an owner-occupier wanting additional income from the two granny flats.
A property with excellent income-generating potential at R2,295,000.
Contact me today to arrange a viewing!!!
Set on a 496 m² erf, this spacious 280 m² property comprises:
• 4-bedroom, 2-bathroom main house
• Kitchen, lounge & dining area
• Two separate 2-bedroom granny flats
• Tandem garage
• Parking for 3 cars
• Potential for three rental income streams
Based on estimated market rentals, the property could potentially generate approximately R31,000 – R38,000 per month, depending on the rental strategy.
At an estimated rental income of R35,000 per month, the potential gross rental income is approximately R420,000 per year, representing an estimated 18.3% gross rental yield at the asking price of R2,295,000.
Ideal for investors looking to generate rental income from multiple units, or for an owner-occupier wanting additional income from the two granny flats.
A property with excellent income-generating potential at R2,295,000.
Contact me today to arrange a viewing!!!
Monthly Rates
R1,171
Features
Interior
Exterior
Sizes
Listing Info
Belgravia, Cape Town
- Street map
- Amenities
- Schools
Filling Station
0.30 km - Shell
0.55 km - TotalEnergies - Belgravia
0.55 km - Caltex Macs Service Station
Bus Station
0.28 km - Bus Stop
0.30 km - Bus Stop
0.49 km - Bus Stop
Hospital/Clinic
1.01 km - Al-Nisa Maternity Home
1.08 km - Dr K Kamaloodien
1.46 km - Dr Ddumulira William
Police Station
1.70 km - South African Police Service Athlone Police Station
2.14 km - South African Police Service Lansdowne Police Station
2.50 km - South African Police Service - Cape Town
Shopping Centre
0.85 km - Belwood Centre
1.25 km - S and H Centre
1.27 km - Rawoot Square
0.10 km - Speaking French
0.19 km - Groenvlei English
0.22 km - 48 Brand Road
0.25 km - Heatherdale Primary School
0.25 km - Cherry Blossom Montessori
0.28 km - Heatherdale Primary School
0.28 km - Heatherdale Childrens Home
0.28 km - Belgravia High School
0.30 km - Belgravia Day Care Centre
0.40 km - The Growing Patch Preschool And Educare
0.51 km - Cape Town College Crawford Campus
0.58 km - Alexander Sinton High School
0.64 km - Sunnyside Primary School
0.68 km - LEAP Science and Maths School Central Services
0.70 km - Athlone Pre
3.91 km - Bonteheuwel High Shool
Average sold property price in Belgravia
Freehold
Sectional Scheme
Vacant Land
Freehold
R2,300,000
100.0%
Average price
4
100.0%
Transfers
Sectional Title
R
0%
Average price
0
0%
Transfers
Estate
R
0%
Average price
0
0%
Transfers
Powered by 
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
