Property Details

Attention Investors: 2 Affordable Properties with Multiple Residences! Are you an investor looking to purchase multiple properties at a great price? Look no further! This amazing offer offers three residences on one property, plus an additional residence on another property for a total of four. Property One: Situated on a hill with stunning views of Glencoe town, this property is a dream come true for any investor. It is also perfect for a large family or multiple families who want to live close together while still enjoying their privacy. The main building consists of two homes. The first home features 3 bedrooms, a bathroom, lounge, kitchen, and a single lock-up garage. The current monthly income is R3000. The second home offers 2 bedrooms, a bathroom, lounge, kitchen, and a single lock-up garage. The current monthly income is R1500. In addition to the main building, there is a detached outbuilding with 2 bedrooms. The current monthly rental for this unit is R1500. Not only does this property offer an incredible view, but it also presents endless possibilities for investors. Property Two: Located in a peaceful area near the town border, this 5 bedroom home offers breathtaking views of Glencoe town and Endumeni Mountain. Built on the side of a hill, it provides a unique perspective of the surroundings. The home features 5 bedrooms, 2 bathrooms, a lounge, kitchen, and a double carport. The yard is spacious and meticulously maintained, offering great potential for expansion or the addition of another house. Conveniently situated within walking distance of ML Sultan, Nuway Hardware Store, Economics Clothing, the Post Office, and OK Food Store, this property is perfect for first-time homebuyers or young families. Investors will also appreciate the current rental income of around R4000 per month. This offer is an exciting find with plenty of potential, all at a great price. For more information or to schedule a viewing, please contact me.