Lotusville, Verulam, KwaZulu-Natal ID 1218279
House
6.0
10
668m2
Marketed by 3K Properties... Discover an exceptional cash flow-positive investment in the heart of Lotusville, Verulam—a suburb known for its strong rental demand and serene living. This fully tenanted property is a rare gem, offering 10 spacious bedrooms, 6 modern bathrooms, and ample parking, all while generating an impressive monthly rental income of R22,300. The property consists of four well-maintained rental units, each secured with valid leases: - Two units set duplex style – Featuring a cosy lounge, a modern kitchen, and three generously sized bedrooms, ideal for families, one upper unit, one ground unit - Two ground-floor units – Designed for convenience, each offering two bedrooms and an open-plan kitchen-lounge layout, perfect for professionals or small families. Hassle-Free Ownership & High Tenant Appeal: For added efficiency, each unit is equipped with prepaid electricity and water, reducing management hassles and ensuring seamless rental operations. Unbeatable Location for Consistent Occupancy: Situated just 8km from King Shaka International Airport, this property is an attractive option for frequent travelers, professionals, and long-term tenants. It also enjoys close proximity to: - Verulam CBD – A hub of business and retail activity - Reputable schools & public transport – Ensuring tenant convenience - A well-established, family-friendly community – Enhancing long- term rental stability With steady rental returns, prime location, and minimal upkeep requirements, this property is an investment dream come true. Don’t miss the chance to add this high-yielding asset to your portfolio! Contact us today to schedule a viewing and secure this lucrative investment.
3K Properties
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