The spectacular property is a dream for any investor to add to their portfolio as the return on investment represents the ultimate return on investment on the market today!
Don't delay and book your viewing today!
Council approval letter in place for 8 residential units.
At this time the property consists of :
6 modern studio apartments, all of which face onto the communal garden. One of the apartments has a back garden in addition. All units have their own prepaid water and electricity meters.
1 main house, with 4 rented rooms, separate bathroom and kitchen. The current owners were planning to divide the house into to additional apartments to make up the 8 approved units. This would be an optional development for the new owner, to increase the already magnificent income by another R4000.00 to R5000.00
With two entrances, only one in use currently, the property offers ample parking.
The property is currently fully let with a monthly rental income of R38 030.00.
This return on investment far exceeds current market related returns on investment for muti dwelling properties.
Enhance your property portfolio with this investment or start your property investment dream with an initial great return on investment.
Those serious about their wealth creation need to place this property on their viewing list!!!
Disclaimer: Lifestyle Property Group has tried to ensure that all representations contained in this advertisement are accurate but provides no guarantees whatsoever. The representations herein has not been compiled to meet a Purchaser’s individual requirements and it remains the Purchaser’s sole responsibility to inspect the property duly prior to entering into any purchase agreement. The representations herein does not constitute the terms of sale as the images and descriptions are merely indicative. LPG assumes no responsibility for any errors and we reserve the right to correct/change/update the advert at any time without prior notice.