R3,200,000
Monthly Bond Repayment R31,412.58
Calculated over 20 years at 10.25% with no deposit.
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Income-Generating Multi-Unit Property with Development Potential
This well-positioned property presents an excellent investment opportunity, offering six ground-level residential units designed for comfort and practicality. Five of the units feature full bathrooms with bathtubs, while one unit is fitted with a shower. Each unit includes a bedroom, bathroom, entrance hall, and a spacious open-plan lounge, kitchen, and dining area, creating a welcoming flow throughout the home. A charming stoep adds outdoor living appeal, perfect for relaxation.
Two of the units are further enhanced with a pantry or dedicated storage room, adding extra convenience for tenants. The property boasts a large yard with ample open space, providing potential for future development, including the option to build additional units and increase returns.
Parking is well catered for with space for up to 12 vehicles, an attractive feature for residents. Importantly, the property already generates income, with all six units currently leased and valid lease agreements in place, making this a ready-to-go investment with immediate returns and strong growth potential.
Two of the units are further enhanced with a pantry or dedicated storage room, adding extra convenience for tenants. The property boasts a large yard with ample open space, providing potential for future development, including the option to build additional units and increase returns.
Parking is well catered for with space for up to 12 vehicles, an attractive feature for residents. Importantly, the property already generates income, with all six units currently leased and valid lease agreements in place, making this a ready-to-go investment with immediate returns and strong growth potential.
Features
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
6
Kitchen
6
Reception Rooms
12
Furnished
No
Exterior
Security
No
Parkings
12
Pool
No
Sizes
Land Size
1,309m²
Extras
Secure Parking; Security Gate; Burglar Bars; Bath, Toilet and Basin; Shower, Toilet and Basin; Partially Fenced; Entrance Hall; Covered Patio; Ground Floor; Tiled Floors; Pantry; Single Storey; Storage; Storeroom; Curtain Rails
