POA | 10 Bedroom House For Sale in Greenfields

Full Circle Properties is thrilled to present this exceptional investment opportunity, offered for sale by way of public auction, in the heart of Greenfields — one of East London’s established residential rental hubs, where demand for quality accommodation remains consistently strong. What makes this property particularly appealing to investors is its smart and practical configuration, with separate access to the main residence and the four rental flats. The main house has its own driveway, while a second, completely separate driveway provides access to the four flats - creating excellent separation between the owner’s residence and the rental accommodation. This is a valuable feature for both tenant privacy and ease of management. The property offers a spacious four-bedroom main house, with two bedrooms featuring en-suite bathrooms with shower, basin and toilet. The remaining two bedrooms are serviced by a generous family bathroom with a corner bath. The home also offers a spacious entertainment area with a built-in braai and an enclosed courtyard, an ideal space for family living, young children and pets. Adding significant investment value are four newly built, modern flatlets, consisting of 2 X two-bedroom units and 2 X one-bedroom units. Finished with tiled floors, spacious bedrooms, fitted kitchens and built-in cupboards. The flats have been thoughtfully designed to appeal to the strong local rental market. The entire property is fully walled and secured behind a sliding gate, with large, concreted areas providing generous off-street parking for both the main house and the four flats. Aluminium windows and Expander burglar bars further enhance the security of the property, offering peace of mind for both landlord and tenants. Importantly for any property investor, all five units are currently fully tenanted, generating an impressive combined rental income of R29,000 per month. The seller has invested considerably in preparing the property for strong rental returns and straightforward management, including individual pre-paid electricity meters for each unit — a particularly attractive feature for landlords. Greenfields' location adds further weight to the investment proposition. The suburb is a popular accommodation choice for employees working at the nearby East London IDZ, Mercedes-Benz manufacturing facility, East London Airport and surrounding commercial and retail centres. Shops, public transport and everyday amenities are all conveniently accessible. For the investor, this is an opportunity to acquire a five-unit income-producing property with established tenants and excellent rental potential. Alternatively, an owner-occupier could live in the spacious main house while enjoying a substantial passive rental income from the four separate flats. Strong rental income. Multiple income streams. Separate access. Modern accommodation. Excellent location. Make the smart move with Full Circle Properties — this may be the investment property you have been waiting for.