This well-located property offers an excellent investment opportunity with immediate rental income. Currently configured as a main house with additional outside buildings, the owner is successfully operating it as a 4-room, 3-flat rental property, generating an approximate monthly income of R20,000, this excludes the potential rental income of the flat he stays in on the premises.
The property features a total of five toilets, with a combination of bath and shower facilities, providing convenience and comfort for multiple tenants. There are two geysers on the property—one servicing the main house and a second dedicated to the outside flats and rooms—ensuring efficient hot water supply.
Ideally situated within walking distance of the town centre and Medi Clinic Hospital, this property benefits from strong rental demand and excellent accessibility to essential amenities.
Whether you are an investor looking for steady returns or a buyer seeking a versatile property with income potential, this is a solid opportunity in a highly desirable location.
Key Features:
Main house plus outside buildings
Currently used as 4 rooms and 3 flats
Approximate rental income: R20,000 per month, excluding the rental income of the 1 flat he stays in thats also on the property
5 toilets (bath and shower combinations)
2 geysers (separate for main house and rentals)
Walking distance to town and Medi Clinic Hospital
Well-located, high-demand area
Don't hesitate as this is a well located good priced property.