R5,000,000
R5,000,000
9 Bedroom House For Sale in Leonard
9
Bedrooms
5
Bathrooms
6
Parkings
Ref. RLS1002364
Land 4050.00m²
Monthly Repayment
R49,082.16
Louise Botha
Louise Botha Candidate Property Practitioner Seeff Midlands PPRA Registered | FFC 202678015440000
Colleen Veitch
Colleen Veitch Candidate Property Practitioner Seeff Midlands PPRA Registered | FFC 202401071763081
Monthly Rates R2,000
Total R2,000

INCOME-GENERATING PROPERTY WITH MULTIPLE DWELLINGS AND EXCELLENT RENTAL POTENTIAL

Web Ref. RLS1002364
Situated in the sought-after area of Hilton on a well-sized plot, this well-maintained income-generating property offers a rare opportunity for investors or extended family living in a peaceful and established garden setting. Ideally located within walking distance to some of Hilton’s prime schools, the property is perfectly positioned for long-term rentals, short-term accommodation, or extended family living. The property comprises five dwellings, all with secure tenants currently in place, private garden spaces, and excellent rental appeal. Accommodation includes three two-bedroom apartments, one one-bedroom cottage, and a freestanding two-bedroom cottage with its own private entrance, offering added privacy and flexibility for rental or owner-occupier use. Surrounded by a beautifully established garden, the property also features a swimming pool, communal laundry area, and an additional storage room, creating a comfortable and practical environment for tenants or guests alike. Each unit is fitted with prepaid electricity, while water usage is efficiently managed through a prepaid main meter with individual sub-meters for each dwelling. Parking is well catered for with a three-car carport, a two-car carport, and a separate single carport allocated to the freestanding cottage. The freestanding cottage, positioned at the top of the property with its own entrance, further enhances the versatility and value of this exceptional investment. There is also exciting potential for investors to further expand the existing income streams by converting the property into a boutique bed and breakfast, guesthouse, or ideal Airbnb-style accommodation, taking advantage of Hilton’s strong demand for short-term stays and its highly desirable location. Additional opportunities may include sectional title conversion, adding additional units or subdivision, subject to the necessary approvals. An outstanding investment opportunity in one of Hilton’s most desirable locations, offering multiple income streams, strong rental demand, and exceptional long-term investment potential. Contact us to view.

Features

Interior
9 Bedrooms
5 Bathrooms
5 Kitchens
5 Lounges
5 Dining Rooms
Exterior
6 Parkings
5 Flatlets
Pet Friendly
Pool
Security
Sizes
Land Size 4,050 m²

Leonard, Hilton

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Finance

Monthly Repayment
R0,00
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