ref # 7451384

 ref # 7451384

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R 4 750 000 (227 817 EUR*)

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11
9
6
± 850 m2
R 2500.0  / m

Property Features
Garden
Kitchen

Investment Property with 5 Separate Units – Excellent Rental Income

Freestanding property comprising 5 separate units, currently generating R30,000 monthly rental income from 4 units. The main unit is currently occupied by the owner and can easily be rented out for an additional ±R10,000 per month, bringing the potential total rental income to ±R40,000 per month.

The property is situated in an excellent location with easy access to the mosque, shops, and other amenities. The owner has lived on the property for over 30 years and is now relocating.

This property offers great investment potential and could potentially be sectional titled.

Property Features:

Fully fenced property

Ample parking space

9-meter long double garage

2 additional single garages

Storeroom

The 5 Units Consist Of:

1. Main Unit

4 Bedrooms

4 Bathrooms (all en-suite)

2. Unit 2 – Duplex

3 Bedrooms

1 Full Bathroom

Balcony

3. Unit 3

Bachelor-style unit

Open plan with 1 bedroom, lounge area & shower

4. Unit 4

1 Bedroom

1 Full Bathroom

Balcony

5. Unit 5 – Granny Flat (separate building)

1 Bedroom

Kitchen

Lounge

This is an excellent opportunity for investors looking for strong rental income and future development potential.

Call now to arrange a private viewing. Serious buyers only.


Details
Internet Access: 

Fibre

Nearby Public Transport: 

Bus, Minibus Taxi

Listing Number: 

116996966

Message Agent

Kershen Naidoo, estate agent


+27 (0)72 244 5005
+27 (0)31 266 6000
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