6 Bedroom House For Sale in Esther Park

This versatile and income-generating property presents a rare opportunity for both seasoned investors and first time home buyers seeking a residence that pays itself.

set on a generous 1.100 sqm stand, the property offers two full houses, each comprising 3 bedrooms and 2 bathrooms in addition to a cottage and granny flat. The layout allows for excellent privacy between dwellings, making it ideal for a buy-to-let portfolio, multi-let conversion or owner-occupier with rental support.

From an investment perspective, the numbers are compelling. Each main house can conservatively generate R 10 000- R 12 000 per month while the cottage can achieve R 5 000 - R 5 500 per month. this results in a minimum gross rental potential exceeding R 25 000 per month, even after expenses the property is still cashflow positive, offering strong fundamentals for long-term yield and scalability.

For a first-time homebuyer, this property offers a powerful advantage: rental income from additional dwellings can cover up to 80% of bond repayments, significantly reducing personal housing costs while building equity

Priced at 1.7 Million, this a high-quality asset with multiple income streams, flexible use cases and long-term upside.

Key Features:
* 1 100 sqm stand
* Two houses each 3 bedrooms and 2 bathrooms
* Separate Cottage and Granny-flat
* +/- R 25 000 gross monthly rental potential
* Cashflow positive after expenses
* Ideal for a buy-to-let or multi-let strategy
* Perfect for a owner occupier seeking rental income
* Expansive parking space