5 Bedroom House For Sale in Brakpan Central

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61 Muir Avenue, Brakpan Central, Brakpan

Description

High-Income Multi-Let Investment with Excellent Rental Returns

Why to Buy? 

 Fully established multi-let investment property 

 5 income-generating rental rooms 

 Separate cottage providing additional rental income 

 Garage currently rented separately 

 Strong monthly rental income from multiple tenants 

 Spacious stand with ample parking space 

 Functional communal living facilities 

 Ideal turnkey investment with existing rental setup 

 Opportunity to increase rental income over time 

 Centrally located close to schools, shopping centres, public transport and major routes 

 

Current Monthly Rental Income 

Unit Monthly Rental 

Room 1 R2,500 

Room 2 R1,800 

Room 3 R2,200 

Room 4 R1,800 

Room 5 R2,200 

Cottage R2,500 

Garage R2,200 

Total Monthly Rental Income: R15,200 

 

Property Description 

Calling all investors! This excellent multi-let property in the heart of Brakpan presents a fantastic opportunity to secure a fully income-producing asset with multiple rental streams already in place. Designed to maximise rental returns, this property offers immediate cash flow while still providing scope for future growth. 

The property currently consists of five rentable rooms, each offering comfortable accommodation for tenants. In addition to the main accommodation, there is a separate cottage that generates its own rental income, while the garage is also independently rented, further increasing the property's earning potential. 

The current rental structure generates a combined monthly income of R15,200, making this an attractive investment for buyers looking to expand their property portfolio or generate reliable passive income. 

The property offers generous yard space with ample parking for tenants, while the layout allows for practical communal living. Its functional design makes management straightforward and ensures consistent demand from the rental market. 

Conveniently located close to shopping centres, schools, public transport, and major transport routes, the property enjoys excellent accessibility, making it highly attractive to tenants seeking affordable accommodation in a well-positioned area. 

Whether you are an experienced property investor or looking to purchase your first income-producing asset, this established multi-let offers immediate returns with the potential to further optimise rental income over time. 

DORICEL (PTY) LTD trading as REMAX Superior (Mulbarton) operates in terms of a franchise agreement with REMAX of Southern Africa.

Tevin de Melo
Tevin de Melo
REMAX Superior (Mulbarton)
Team Leader
Registered with the PPRA
FFC 20227132805
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DORICEL (PTY) LTD trading as REMAX Superior (Mulbarton) operates in terms of a franchise agreement with REMAX of Southern Africa.