Calling all investors and renovators! This versatile property in Bluewater Bay presents an exciting opportunity to unlock significant value while creating a potentially rewarding rental investment.
Offering five separate accommodation units with a potential combined rental income of approximately R18,000 per month, the property provides an excellent foundation for an investor looking to renovate, improve and maximise its income-generating potential.
The property comprises a two-bedroom main unit featuring a kitchen and two bathrooms, together with four separate one-bedroom units. Each of the one-bedroom units offers its own kitchen, lounge and private bathroom fitted with a shower, basin and toilet.
Adding further appeal is a swimming pool, providing an attractive recreational feature for residents.
Property Features:
- 5 accommodation units in total
- Main house with 2 bedrooms
- 2 bathrooms in the main house
- 4 separate 1-bedroom units
- Each unit has its own kitchen and lounge
- Private bathroom facilities in each unit
- Swimming pool
- Potential rental income of approximately R18,000 per month
- List Price R1 199 999
Excellent renovation and value-add opportunity
The property is in need of renovation and upgrading, making it ideal for the buyer who can see beyond its current condition and recognise the potential on offer.
Whether your vision is to establish a multi-unit rental investment, renovate for improved returns, or reposition the property for future growth, this is an opportunity worth exploring.
Bring your vision, unlock the potential and turn this fixer-upper into a rewarding investment.
Contact Lindy today to arrange your private viewing!
The Property Group
Legacy Refined.
Registered with the PPRA