Discover a rare investment opportunity in the prime location of Forest Hills! This property features two fully-let duplex units, each generating a steady rental income of R6,000 per month. Additionally, the property includes two separate flatlets, rented out at R1,500 each per month.
The combined monthly rental income amounts to R15,000, providing a strong and consistent cash flow. With a total annual income of R180,000, this property offers an excellent return on investment. The duplexes boast spacious living areas and comfortable bedrooms with built-in cupboards. The flatlets are self-contained and ideal for additional rental income or extended family living, maximizing the property's earning potential.
Situated on a single stand, the property ensures privacy and security, with ample parking and a well-maintained garden. Its strategic location near schools, shopping centers, and major routes makes it highly attractive to tenants, ensuring high occupancy rates and future appreciation.
This versatile property not only provides immediate rental income but also presents an exceptional opportunity for capital growth in a sought-after suburb. Whether you're an experienced investor or looking to diversify your portfolio, this property’s multiple income streams and prime location make it a smart, lucrative investment. Don’t miss out on this rare chance to own a high-yield asset in Forest Hills—an ideal addition to any property portfolio.
Disclaimer: Lifestyle Property Group has tried to ensure that all representations contained in this advertisement are accurate but provides no guarantees whatsoever. The representations herein have not been compiled to meet a Purchaser’s individual requirements, and it remains the Purchaser’s sole responsibility to inspect the property duly prior to entering into any purchase agreement. The representations herein do not constitute the terms of sale as the images and descriptions are merely indicative. LPG assumes no responsibility for any errors, and we reserve the right to correct/change/update the advert at any time without prior notice.