Amiel Park, Newcastle, KwaZulu-Natal ID 1291996
Townhouse/Cluster
0.0
For Sale: Prime 5-Unit Double-Storey Townhouse Complex – Fully Let Investment Opportunity Type: Townhouse Complex Units: 5 Erf Size: 3,695 m² Floor Size (per unit): ±200 m² Rental Income: R50,000 p/m | R600,000 p/a Viewing: By Appointment Only Property Description An outstanding investment opportunity – a secure and modern 5-unit double-storey townhouse complex located on a spacious 3,695m² stand. Each unit offers approximately 200m² of stylish, low-maintenance living space with contemporary finishes and strong rental appeal. Fully tenanted with a gross monthly rental income of R50,000, this is a turnkey property for the discerning investor. Situated close to essential amenities, schools, and major transport routes, this property combines convenience, quality, and steady income generation in one unbeatable package. Each Unit Offers: 3 Bedrooms (1 En-suite) 1 Full Communal Bathroom Fully Fitted Kitchen with Granite Countertops Built-in Stove and Oven Porcelain Tiled Throughout Open Plan Living and Dining Areas Spacious Layout (±200m² per unit) Additional Features: Inverter System Electric Fencing Around Entire Property Electric Entrance Gate Prepaid Electricity and Water 10 Covered Carports Security Room at Entrance Separate Servant's Quarters Well-Maintained Grounds Beautiful Scenic Views Spacious outdoor braai area with a beautiful view of the garden Outdoor Fountain Location Highlights: Walking distance to supermarket, pharmacy, and fast food outlets Close proximity to schools Easy access to main roads and public transport Investment Snapshot: 5 Fully Let Units Total Land Size: 3,695 m² Total Rental Income: R600,000 per annum Excellent Long-Term Growth Potential Low Maintenance and Secure Don’t miss out on this rare, income-generating asset. Contact us today to register for the auction or to book a private viewing.
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