Freestanding property comprising 5 separate units, currently generating R30,000 monthly rental income from 4 units. The main unit is currently occupied by the owner and can easily be rented out for an additional ±R10,000 per month, bringing the potential total rental income to ±R40,000 per month.
The property is situated in an excellent location with easy access to the mosque, shops, and other amenities. The owner has lived on the property for over 30 years and is now relocating.
This property offers great investment potential and could potentially be sectional titled.
Property Features:
Fully fenced property
Ample parking space
9-meter long double garage
2 additional single garages
Storeroom
The 5 Units Consist Of:
- Main Unit
4 Bedrooms
4 Bathrooms (all en-suite)
- Unit 2 – Duplex
3 Bedrooms
1 Full Bathroom
Balcony
- Unit 3
Bachelor-style unit
Open plan with 1 bedroom, lounge area & shower
- Unit 4
1 Bedroom
1 Full Bathroom
Balcony
- Unit 5 – Granny Flat (separate building)
1 Bedroom
Kitchen
Lounge
This is an excellent opportunity for investors looking for strong rental income and future development potential.
Call now to arrange a private viewing. Serious buyers only.