High-Yield Investment Property – Spencer Road, Clare Estate
Situated in Clare Estate, this well-appointed multi-unit property presents an exceptional opportunity for investors, particularly in the student accommodation or co-living market.
The property currently generates in excess of R25 000 per month from private leasehold tenancies, with excellent potential to increase returns.
Main Residence:
• Large 3-bedroom home with built-in cupboards
• Spacious lounge and dining area
• Massive fitted kitchen with laundry and storeroom
• 2 bedrooms fitted with student workstations
Additional Income-Generating Units:
• 3 x 2-bedroom flatlets (each with bathroom facilities)
• 5 x single-bedroom units
• All units equipped with prepaid electricity meters
Additional Features:
• Automated double garage
• Open parking for 6–8 vehicles
• Fully fenced and secure property
This versatile property offers a well-balanced mix of communal and private living spaces, making it ideal for maximizing rental income in a high-demand area.
A true income-generating powerhouse with strong growth potential.
The property currently generates in excess of R25 000 per month from private leasehold tenancies, with excellent potential to increase returns.
Main Residence:
• Large 3-bedroom home with built-in cupboards
• Spacious lounge and dining area
• Massive fitted kitchen with laundry and storeroom
• 2 bedrooms fitted with student workstations
Additional Income-Generating Units:
• 3 x 2-bedroom flatlets (each with bathroom facilities)
• 5 x single-bedroom units
• All units equipped with prepaid electricity meters
Additional Features:
• Automated double garage
• Open parking for 6–8 vehicles
• Fully fenced and secure property
This versatile property offers a well-balanced mix of communal and private living spaces, making it ideal for maximizing rental income in a high-demand area.
A true income-generating powerhouse with strong growth potential.
Monthly Rates
R1,150
Features
Interior
Exterior
Sizes
Listing Info
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 Tyson Properties website is accurate and up to date, Tyson Properties 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.
