Property features

R 2 250 000
4 Bedrooms
3.0 Bathrooms
3 Living Room/s
Garage for 0 car/s
Rates R2615 pm
Pet Friendly
Garden

Property Details

Positioned on a prominent main road in Howick, this versatile property presents an excellent opportunity for investors, developers or business owners seeking exposure, existing income and future growth potential.
The property comprises three separate buildings and currently generates a rental income of approximately R11,000 per month.
Accommodation includes:
• A spacious 3-bedroom unit
• A separate 1-bedroom unit
• A small 1-bedroom flatlet
• Shared carport
• Prepaid electricity throughout
All buildings are in good condition and currently provide immediate income potential.
One of the property's standout features is the additional land available for further development. There is sufficient space to construct additional units, creating an opportunity to significantly increase the property's rental income and overall investment return.
The property is zoned Service Industry, offering flexibility for a range of potential commercial and business uses, while its prominent position ensures excellent exposure to passing traffic. Service Industry zoning is particularly relevant in the Howick market, where main-road commercial and industrial properties benefit from visibility and accessibility.
Investment Highlights
• Excellent main road exposure
• Three separate income-producing buildings
• Current rental income of R11,000 per month
• 3-bedroom unit
• Two 1-bedroom units
• Prepaid electricity
• Shared carport
• Buildings in good condition
• Space for additional development
• Potential to increase rental income
• Service Industry zoning
• Excellent visibility and accessibility
A versatile property offering immediate rental income today, with the space and potential to unlock significantly greater returns in the future.
Call Richard Fincham to schedule a viewing.

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Richard Fincham

R and R Real Estate Head Office

0824591780

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[email protected]

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R and R Real Estate Head Office

0330010327

[email protected]

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