R 1 450 000
| 11 Bedroom House for Sale in Tulisa Park
11
7
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Income-Generating Property in Tulisa Park – Prime Investment with Established Tenants!
This exceptional investment property in Tulisa Park is a rare opportunity for those looking to generate a steady rental income. Conveniently located within walking distance of Steeldale Pick n Pay and the Steeldale Industrial Centre, the property has a full occupancy potential of approximately R28,000 per month.
The property comprises five self-contained cottages, each featuring a toilet, shower, and kitchenette—ensuring independent and private living spaces for tenants. Inside the main house, there are six bedrooms, with one offering a full en-suite bathroom that includes both a shower and a bathtub. The remaining five bedrooms share a common bathroom, while a communal kitchen serves the main house, making it ideal for shared accommodation.
Currently, four cottages and four rooms in the house are occupied, with some long-term tenants already in place, providing immediate rental income. While one outside unit and one room inside require some TLC, the property’s potential remains high. The spacious, fully walled yard offers room for further expansion, maximizing investment returns.
Additional features include multiple carports and ample open/visitor parking for convenience, 2 geysers and 1 pre paid electricity meter. Although the property has a non-functional swimming pool, this space can be repurposed or restored based on the new owner’s vision.
With some care and attention, this property can be transformed into an even more lucrative investment. Don’t miss out on this incredible opportunity—contact us today to arrange a viewing!
Disclaimer: While every effort has been made to ensure accuracy, we assume no responsibility for errors. Descriptions are for indicative purposes only and are subject to change without prior notice.
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