Property description

Property Overview: Investment Opportunity in Dinwiddie

This exceptional property is located in the tranquil suburb of Dinwiddie and presents an excellent investment opportunity, offering not only residential space but also two income-generating cottages. The property consists of a main house featuring five spacious bedrooms, a kitchen, and a bathroom. Additionally, there are two 1-bedroom cottages, each offering a kitchen, lounge area, and bathroom. This combination of main living space and rental cottages ensures multiple streams of income, making it a highly attractive property for investors looking for high returns.

Return on Investment (ROI)

Currently, the property is yielding a remarkable Return on Investment (ROI) of 38.95%, a figure that stands out in the current real estate market. The property’s monthly rental income is R42,200, providing a stable and lucrative income for the owner. This high ROI suggests that the property has the potential to offer long-term financial benefits, making it a valuable asset for investors.

Main House

The main house is well-suited for large families or can serve as a comfortable private residence. With 5 bedrooms, there is plenty of space for residents to enjoy privacy and comfort. It can be converted to a family house that has a dining room and living area. The kitchen is equipped to handle daily cooking needs, and the bathroom provides essential amenities for the household. The layout of the house allows for easy living and is designed to accommodate various lifestyles, whether for personal use or as part of an investment portfolio.

Cottages

The two 1-bedroom cottages add significant value to the property, not only providing additional living space but also creating a source of passive income. Each cottage includes:

1 bedroom: Ideal for single tenants or couples.

Kitchen: Fully equipped for independent living.

Lounge area: Offering a cozy space for relaxation.

Bathroom: Private and functional for each unit.

These cottages can be rented out separately or used for long-term tenants, making them an excellent source of rental income. The property’s design maximizes the use of space while ensuring privacy for both the main house and the cottages.

Location

One of the key selling points of this property is its location. Situated in a quiet area, the property offers a peaceful living environment while still being close to essential services. The property is ideal for those seeking a peaceful retreat while maintaining easy access to local amenities.

Education Facilities

Dinwiddie High School – 0.70 km (Public, Secondary)

Laerskool Elandia – 1.28 km (Public, Primary)

Dinwiddie Primary School – 1.50 km (Public, Primary)

Laerskool President Steyn – 1.89 km (Public, Primary)

Bowen International School – 2.14 km (Private, Combined)

Hoërskool Alberton – 2.66 km (Public, Secondary)

The area is well-served by a variety of educational institutions, from primary to secondary schools, catering to the needs of families in the area.

Shopping and Retail

For convenience, the property is located near several shopping centers, making daily errands a breeze. Key shopping and retail options include:

TOTAL BONJOUR – 0.69 km

ALBEMARLE SHOPPING CENTRE – 0.79 km

TASSO CENTRE – 0.81 km

SHOP – 0.96 km

ENGEN ONE PLUS – 1.18 km

KIOSK – 1.33 km

SECOND AVENUE SHOPPING CENTRE – 1.41 km

CALTEX FRESH STOP – 1.55 km

THE REEF SHOPPING CENTRE – 1.72 km

These shopping centers provide a variety of retail options, including grocery stores, restaurants, and other essential services, ensuring residents have access to everything they need within a short distance from the property.

Additional Amenities

The property benefits from its proximity to essential services such as gas stations, convenience stores, and more. This ensures that residents and tenants alike can enjoy both comfort and practicality in their everyday lives.

Conclusion

This property in Dinwiddie presents a unique opportunity for investors. With a high ROI of 38.95% and a solid monthly income of R42,200, it offers an attractive return and great long-term potential. The property features a spacious 5-bedroom main house and two income-generating 1-bedroom cottages, making it ideal for those seeking both personal living space and a lucrative investment. Its quiet location, coupled with convenient access to education and shopping, makes it an excellent choice for families and tenants alike.

If you're looking for an investment that promises consistent returns with the added benefit of a peaceful environment, this property is worth considering.