Great investment opportunity - 841m² property for sale in Lotusville, Verulam
Dormehl Phalane Musgrave presents an exciting investment opportunity - a property, with multiple-rental income potential, for sale in Lotusville, Verulam.
This 841m² property would be ideal for an investor, large extended families, or for student accommodation, with value-adding opportunities.
The building has four units, each offering two-bedrooms, one bathroom and a kitchen and open-plan lounge and dining area. The property also offers an incomplete, 100m² area that is being used as a commercial space, but could be turned into a three-bedroom, two-bathroom, open-plan simplex. There is parking for three cars for this unit, as well as an open-plan lounge and dining area.
Overall, the property offers eight open-bay parkings and one lock-up garage.
Note that rates are about R1 700 monthly.
For further details, or to schedule a viewing, please contact Nirvana.