- 8
- 4
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1800.00
Property description
Unlock a high-yield, development-ready opportunity in the heart of Waterfall! This income-generating property comes with Transitional 1 Zoning, making it ideal for both residential and low-impact commercial development.
Current Income Breakdown :
Main House :
3 Spacious Bedrooms (all en-suite)
R16,695 per month - Month-to-month lease (tenant open to signing long-term)
Left Flat :
2 Bedrooms 1 Bathroom
R10,500 per month - 10 months remaining on lease
Right Flat :
1 Bedroom 1 Bathroom
R5,250 per month 7 months remaining on lease
Total Monthly Rental Income: R32,445
Development & Zoning Highlights:
- Zoned: Transitional 1 – allows for a mix of residential and limited commercial/office use;
- Rezoning approval granted – potential to build up to 8 units at the rear of the property;
- Architect's concept for 3 - 4 units, each with individual septic tanks and soak pits;
- Option to install a conservancy tank for greater development;
- Prime Waterfall Location.
Strong tenant demand in the area.
Easy access to main transport routes and amenities.
Excellent potential for further growth, subdivision, or sectional title re-sale.
Contact Clarin to arrange to view.
Property Details
- 8 Bedrooms
- 4 Bathrooms
Property Features
| Bedrooms | 8 |
| Bathrooms | 4 |
