R3,200,000

This is not simply another family home. Situated in sought-after Breyer Avenue, Waverley, this exceptionally versatile property offers something increasingly difficult to find: multiple living options, excellent parking, private outdoor spaces and substantial rental-income potential — all on one generous 1,202 m² full-title property. Whether you're an investor looking for multiple income streams, a large or extended family wanting to live together without sacrificing independence, or a purchaser wanting rental income to help offset the monthly cost of homeownership, this property deserves serious consideration. The accommodation is currently configured into three distinct living components. The first offers 3 bedrooms, bathroom, kitchen, lounge, private outdoor area and its own entrance, creating an excellent degree of independence. This portion is currently tenanted at R14,200 per month, immediately providing an incoming purchaser with an existing rental-income component. The second living area offers a comfortable 2-bedroom configuration with full bathroom, attractive kitchen, TV/family room and lounge, together with excellent access to the covered patio and entertainment area. It is complemented by a double garage, carport and generous secure parking. Based on its accommodation and positioning, estimated rental potential is approximately R12,000 per month, subject to final rental assessment. At the rear of the property is an additional granny flat, providing further flexibility for extended family, a young adult, home office or an additional rental opportunity with estimated rental potential of approximately R5,500 per month, subject to market assessment. And then there is the lifestyle element. A private swimming pool and relaxed outdoor entertainment area create a genuine retreat at the back of the property, while the covered patio/deck provides a comfortable space for entertaining, weekend braais or simply relaxing away from the main residence. For an investor, the numbers become particularly interesting: existing rental of R14,200 per month, together with estimated additional rental potential of approximately R17,500 per month, could provide a combined gross rental potential of approximately R31,700 per month / R380,400 per annum — representing an indicative gross yield of approximately 11.9% at the R3.2 million asking price, before rates, maintenance, vacancies, insurance, management and other operating costs. For the multi-generational family, the property offers something equally valuable: the ability for parents, adult children and family members to live on the same property while retaining their own space and privacy. And for the owner-occupier, it creates the opportunity to live in one section and generate income from the others, allowing the property itself to contribute towards the cost of ownership. This is where property becomes more than a home — it becomes an asset. Property highlights Prime Breyer Avenue, Waverley address 1,202 m² full-title stand Multiple accommodation components 3-bedroom section with private entrance Existing rental income: R14,200 pm Additional 2-bedroom accommodation Separate granny flat Potential combined gross rental: ±R31,700 pm Multiple living and entertainment areas Covered patio / entertainment deck Swimming pool Multiple garages Carport parking Extensive secure off-street parking Separate access possibilities Excellent option for an investor Excellent option for a multi-generational family Excellent option to live in one section and rent the others Established Waverley location with convenient access to schools, shops and main routes Properties offering this level of flexibility are difficult to reproduce. One property. Multiple possibilities. One very smart address. Contact Kingdom Real Estate to arrange your private viewing.