5 Bedroom House in Dennemere

Description

Exclusive Sole MandateA Property Built for IncomeFour separate living spaces. Multiple rental income streams. One property.Situated in Gaylee, Dennemere, this 288sqm property presents an excellent opportunity for investors looking to enter or expand their property portfolio with an income-generating asset.The property consists of a 2-bedroom main house and three separate 1-bedroom flatlets, each offering its own living accommodation and kitchenette facilities.The current rental income totals approximately R17,000 per month, providing a strong income-producing foundation for the next owner.Main HouseThe main house offers a practical two-bedroom layout with tiled flooring throughout.The kitchen is fitted with built-in cupboards, a stove and oven, while the main bedroom also features built-in cupboards.The bathroom is equipped with a shower, basin and toilet.Three Separate FlatletsAdding significant value to the property are three 1-bedroom flatlets, each providing additional accommodation and rental potential.Flatlet 11 bedroom with built-in cupboardsKitchenette with built-in cupboardsBathroom with shower, basin and toiletFlatlet 21 bedroom with built-in cupboardsKitchenette with built-in cupboardsBathroom with shower, basin and toiletFlatlet 31 bedroomTiled kitchenette with built-in cupboardsPractical living accommodationA particularly attractive feature for investors is that each dwelling has its own prepaid electricity meter, allowing electricity usage to be managed separately between the occupants.The NumbersThe property is currently generating approximately:Main House: R6,600 pmFlatlet 1: R3,700 pmFlatlet 2: R3,300 pmFlatlet 3: R3,400 pmTotal Rental Income: R17,000 pmThat''s approximately R204,000 in gross rental income per year, before property-related expenses, vacancies and maintenance.At an asking price of R1,250,000, this makes the property particularly appealing to buyers focused on rental income and portfolio growth.The OpportunityWhether you''re an experienced investor or looking for your first serious income-generating property, the combination of a main residence and three additional rental units offers flexibility, multiple income streams and the potential to build long-term property wealth.288sqm | 2-Bedroom Main House | 3 x 1-Bedroom Flatlets | 4 Prepaid Electricity Meters | R17,000 Current Monthly Rental Income | R1,250,000 Asking PriceA property where the income is already part of the story.Contact me today to arrange a viewing.

What we know about this property

Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.

Portal facts

Land size

288 m²

Listing date

26 Aug 2026

Property type

House

Listing number

T5600314

Rates and taxes

R 500

Feature: Kitchen

yes

Feature: Bedrooms

5

Feature: Bathrooms

4

Feature: Pet friendly

yes

Feature: Built in cupboards

yes