OFFERED TO YOU ON A SOLE EXCLUSIVE MANDATE!

Positioned in the established suburb of Homestead, Kimberley, this versatile property offers immediate rental income paired with strong capitalization potential. Originally constructed as a single-family home, the main structure has been reconfigured via drywalling into two fully functional independent units, complemented by two additional standalone outbuilding flats in the spacious backyard.

Unit 1 (Primary Unit): Features 3 spacious bedrooms, a lounge, kitchen, and 1.5 bathrooms (shower, basin, toilet, plus an additional separate toilet). Currently owner-occupied, offering flexibility for immediate personal use or lease optimization.

Unit 2 (Main House Conversion): Offers 2 bedrooms, a walk-in cupboard, functional kitchen, and a ensuite bathroom (shower, basin, toilet).

Unit 3 (Backyard Flatlet): Standalone outbuilding unit comprising 2 bedrooms, open-plan kitchen, lounge, and bathroom (shower, basin, toilet).

Unit 4 (Backyard Flatlet): Standalone outbuilding unit featuring 2 bedrooms, kitchen, dedicated lounge, and bathroom (shower, basin, toilet).

Property & Financial Summary
Current Monthly Income: R14,000 per month generated from Units 2, 3, and 4. Potential Gross Income: Up to R19,500 per month upon leasing Unit 1 (estimated potential rental of R5,500 per month).
Utility Infrastructure: Units 1, 3, and 4 are equipped with independent prepaid electricity meters for seamless tenant utility management.
Energy Efficiency: Equipped with 2 solar geysers integrated to assist the primary electrical geysers, significantly reducing operational energy costs.
Vehicle Accommodation: Secure underroof parking infrastructure capacity for up to 6 vehicles.

Maximize Your Real Estate Portfolio Today
Capitalize on this robust multi-let investment strategy before it leaves the market. Contact Johan Bekker from eXp Realty today to schedule your private viewing and secure this exceptional property portfolio.

House for sale in Homestead, Kimberley, 24 Rabia Street, Homestead, Kimberley, Northern Cape