Reap the benefits of rental income

Published Aug 10, 2019

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A Table View plot of 820m², improved with a luxury three-bedroom family home, will be auctioned on August 14 at noon by Rawson Auctions Western Cape.

Tanya Jovanovski, Rawson franchisee, says the property at 7 Morgenster Street also has a one-bedroom flatlet on site currently generating R8000 per month in rental income.

“An additional R25000 per month in rental income is possible if the new owner opts to let the house as well,” she says.

The family home comprises:

* Three bedrooms with tiled floors.

* Two bathrooms.

* Lounge and dining room.

* Kitchen with serving window to the dining area, glass-top hob and under-counter oven.

* Spacious garden with irrigation system.

* Paved swimming pool and braai area.

* Double automated garage.

* Two wendy houses.

The granny flat has an open-plan kitchen and lounge and bathroom. Jovanovski says the lease for the flatlet expires at the end of this month, with an option for renewal.

“The modern-styled property is in superb condition and has high-quality finishes throughout. There are several schools, as well as a wide variety of amenities, close by.

“Table View is a sought-after pocket of Cape Town, with its lovely beach front for leisurely walks or jogging a huge boon to the marketability of the suburb,” Jovanovski says.

The property will be auctioned at Rawson’s offices at 222 Main Road, Rondebosch, on August 14.

For more details, email [email protected] or call 0799803457.

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