Amiel Park, Newcastle, KwaZulu-Natal ID 1291996
Townhouse/Cluster
0.0
Prime 5-Unit Double-Storey Townhouse Complex – Fully Let Investment Opportunity Location: Amiel Park Close to amenities, schools & transport routes Erf Size: 3,695 m² | Unit Size: ±200 m² each Rental Income: R50,000/month | R600,000/year 2 Purchase Options: Buy Individual Units – R1,950,000 per unit Buy the Entire Complex – R10,000,000 Property Overview : A rare opportunity to own a modern, fully-let 5-unit townhouse complex, offering excellent rental returns and long-term growth potential. Situated on a large 3,695 m² erf, each unit boasts stylish finishes, open-plan design, and secure, low-maintenance living. Currently generating R600,000 in annual gross rental income, this is a turnkey solution for both individual buyers or seasoned investors looking to acquire a full income-generating asset. Each Unit Features: 3 Bedrooms (Main en-suite) 1 Full Communal Bathroom Fully Fitted Kitchen with Granite Countertops Built-in Stove and Oven Porcelain Tiled Throughout Open Plan Lounge and Dining Area ±200 m² Spacious Layout Additional Complex Features: Inverter System Electric Fencing and Electric Entrance Gate Prepaid Electricity and Water 10 Covered Carports Security Room at Entrance Separate Servant’s Quarters Outdoor Braai Area with Garden Views Decorative Fountain Location Highlights: Walking Distance to Shops, Pharmacy, and Fast Food Outlets Close to Primary and Secondary Schools Easy Access to Main Roads and Public Transport Investment Summary: 5 Fully Let Units Total Rental Income: R600,000 per annum Low Maintenance and Secure Complex Strong Rental Demand Area Option to Expand Portfolio or Live in One and Rent the Rest Secure Your Investment Today Whether you're purchasing a single unit or the entire complex, this property offers exceptional value, location, and income potential. Contact us today to book a private viewing.
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