Property Details

Marketed by 3K Properties.... Unearth a dream cash flow opportunity in this investment property nestled in the heart of the highly sought-after suburb of Lotusville. This building doesn't just possess 10 spacious bedrooms, 6 comfortably lavish bathrooms, and ample of parking space- it comes with a monthly rental income sure to put a smile on any investor's face. Housing four separate units, each diligently occupied by tenants with valid, ongoing leases, the Leased Quartet of Lotusville is a money spinner carved right out of a real estate investor's dream. Two of these units are spread over two floors, each featuring a cosy lounge, tastefully updated kitchen, and three bedrooms that carry a flavour of suburban tranquility. The other two, though stationed solely on the ground floor level, make no compromises on comfort with their two bedrooms and open plan kitchen-lounge layout, ideal for the modern tenant. This investment property in Verulam offers a total monthly rental income of R22 300, making it a true treasured investment portfolio addition. What makes it even more lucrative is that each unit is equipped with prepaid lights and water - an owner's convenience at its finest. Location isn't just about proximity to the CBD or schools, though this property excels in those areas too. This investment opportunity lies merely 8km away from the King Shaka Airport, making it highly desirable for tenants who need to jet in and out of the town frequently. This same road has been home to happy tenants and satisfied landlords for years, contributing to Verulam's reputation as a safe, serene suburb that is perfect for families and professionals alike. Lotusville, Verulam shines proudly on the map with its friendly neighbourhood, plentiful amenities, top-notch schools, and efficient public transport, making it a perfect region for tenancy demand.