Looking for a property that delivers impressive rental income? This fully tenanted corner property in Cambridge, East London, offers an exceptional investment opportunity, generating in excess of R30,000 per month from four separate living units!
The property is enclosed by boundary walls and features a remote-controlled access gate on one street and a pedestrian gate on the other. With separate entrances to the buildings and open parking for six vehicles, this versatile property offers privacy and convenience for tenants.
MAIN HOUSE – FRONT SECTION
Featuring a large verandah, spacious garden, entrance hall, lounge, kitchen with gas hob and electric oven, three bedrooms and a bathroom fitted with a bath, shower, basin and toilet and a gas geyser.
MAIN HOUSE – REAR SECTION
This section offers three bedrooms, a large lounge, kitchen with a freestanding gas stove and electric oven, bathroom and pantry, gas geyser providing generous accommodation for tenants.
FLAT 1
A comfortable unit comprising an open-plan lounge and dining area, two bedrooms, kitchen with gas hob and electric oven, gas geyser and bathroom fitted with a shower, basin and toilet.
FLAT 2
A cosy flat featuring an open-plan lounge with an outside entrance, tiled bedroom, kitchen with electric stove, and bathroom with shower, basin and toilet and gas geyser.
ADDITIONAL FEATURES
Corner stand with separate access points
Two 5,000-litre water storage tanks
Secure, walled property
Parking for six vehicles
With four income-generating units already occupied, this is an attractive opportunity for investors seeking established rental income and the potential to grow their property portfolio.
Don't miss out on this income-producing investment in Cambridge! Contact me today to arrange a viewing.