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For the Investor: Excellent Rental Income Opportunity

R 2 470 000

Kilner Park, Pretoria, Gauteng

6Bedrooms
3Bathrooms
8Parking
450 m²Floor Size
For the Investor:  Excellent Rental Income Opportunity
Statusactive
Property TypeHouse
ProvinceGauteng
Address34 Waterson str

About this property

Prime Investment Property – Multiple Income Streams This extraordinary property offers a 6‑bedroom house with 3 bathrooms, a spacious kitchen, lounge/dining area, and separate laundry, complemented by 5 self‑contained flatlets. Additional features include 2 garages, a double carport, ample secure parking bays, and a walled garden. A borehole is also present (currently not in service). Strong Rental Income The property is fully tenanted, generating a steady monthly income of approximately R35,500 – R38,000. • House rooms (6 units): ◦ Room 1: R2,900 ◦ Room 2: R2,900 ◦ Room 3: R2,312 ◦ Rooms 4–6: R2,775 each ◦ Subtotal: R16,662 • Flatlets (5 units, each with private bathroom, kitchen, geyser, and prepaid electricity): ◦ Flatlet 1 (Bachelor): R3,400 ◦ Flatlet 2 (Bachelor): R3,400 ◦ Flatlet 3 (Studio): R2,890 ◦ Flatlet 4 (1‑Bedroom): R4,500 ◦ Flatlet 5 (1‑Bedroom): R4,700 ◦ Subtotal: R18,890 Total monthly rental income: R35,552 (with potential to reach R38,000 depending on demand). Location Benefits • Close to shops, schools, universities, and Pretoria CBD. • Easy access to the N1 highway, ensuring convenience for tenants. • High demand rental area, ideal for students and professionals. Key Highlights • Multiple income streams from rooms and flatlets. • High occupancy rate – all units currently rented. • Secure parking with garages, carport, and marked bays. • Flexibility – suitable as a large family home or pure investment property. • Future upside – borehole restoration and potential expansion opportunities. This property offers exceptional value with strong rental yields and long‑term growth potential. Don’t miss out on this outstanding investment opportunity in a prime Pretoria location.