Calling all serious investors! This is an exceptional opportunity to secure a fully tenanted, income-producing property offering immediate cash flow from transfer. With long-standing tenants—some in occupation since 2018—this investment provides current stable rental income, presenting a bountiful return, and excellent long-term potential.
The property comprises six self-contained units, all designed to appeal to the rental market. The largest unit offers a separate bedroom and lounge, a well-equipped kitchenette with a four-plate stove, single sink and ample cupboard space, generous built-in wardrobes, and a neatly tiled bathroom with a shower, toilet and basin.
The remaining residential units are well-proportioned and feature spacious open-plan living areas that comfortably accommodate both bedroom and lounge furniture. Each unit includes neat tiled flooring, a functional kitchenette with built-in cupboards, a four-plate stove, single sink, generous built-in wardrobes, and a fully tiled bathroom with a shower, toilet and basin. Four units are accessed via a secure communal passage with a solid entrance door and lockable security gate, while a fifth unit enjoys its own private entrance at the rear, secured by both a sliding door and security gate.
The sixth unit is a versatile, self-contained structure currently operating as a laundry business. Complete with its own kitchenette, bathroom and built-in cupboards, it offers flexibility as either a commercial space or an additional residential unit, further enhancing the property's income potential. It also benefits from dual access, both from the street and within the property.
The building has been thoughtfully positioned on the stand to maximise parking, offering ample space for multiple vehicles, including a covered carport. Security is a standout feature, with a high perimeter wall surrounding the property, a large sliding entrance gate, pedestrian access, and secure unit entrances throughout.
Ideally located in the popular Cosmo City Ext 0, the property is within easy reach of Shoprite Shopping Centre, Cosmo Mall, the taxi rank, schools, fuel stations and other essential amenities, making it highly attractive to tenants.
Whether you're looking to expand your investment portfolio or secure a property that delivers reliable rental income from day one, this is an opportunity not to be missed.
Contact me today to arrange a private viewing. Viewings are strictly by appointment for pre-qualified buyers.