Investment Property For Sale 1 Bedroom with 8 Flatlets in Wallacedene, Kraaifontein
Great income-generating opportunity! This property features a 1-bedroom main unit with tiled floors, ceiling, built-in cupboards, and a toilet.
Included are 8 spacious flatlets, each in very good condition with their own showers and toilets. All units are tenanted, generating a monthly Net Operating Income of R18,000.
Property Features:
1-bedroom main unit
8 flatlets, all tenanted
Each flat with own bathroom
Geyser and 24/7 CCTV cameras
Secure yard with closed gates
Paved yard with parking for 2 vehicles
Close to:
Kraaifontein Mall
Cape Gate Mall
Police Station
Primary and High Schools
Perfect for investors looking for immediate returns. Preferably cash buyers only.