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R 7 500 000

12 Bedroom Townhouse for Sale in Flamingo Vlei

Flamingo Vlei, Blouberg
  • Bedrooms 12
  • Bathrooms 8
  • Garages 8
  • Erf Size 1 004 m²
    • m²: 1 004 m²
    • Hectares: 0.1 ha
    • Acres: 0.248 acres
High Yield Multi-Unit Investment Opportunity FOR SALE in Table View

Presenting a prime multi-unit investment opportunity in the highly desirable Table View area, featuring four spacious 3-bedroom, 2-bathroom units. Each unit comes with a fireplace, 2 private gardens including a covered patio with a built-in-braai, perfect for outdoor enjoyment, as well as a single garage per unit for added convenience. Visitor parking available, enhancing the appeal for both tenants and guests. With an impressive 100% occupancy rate and a solid rental history, this property ensures stable cash flow and minimizes vacancy risk, making it an ideal addition to any investment portfolio.

Currently yielding an attractive 9.54% before final negotiations, this property stands out in a competitive market. Each unit is equipped with its own water meter, facilitating convenient cost recovery and enhancing overall management efficiency. Located close to local...

Presenting a prime multi-unit investment opportunity in the highly desirable Table View area, featuring four spacious 3-bedroom, 2-bathroom units. Each unit comes with a fireplace, 2 private gardens including a covered patio with a built-in-braai, perfect for outdoor enjoyment, as well as a single garage per unit for added convenience. Visitor parking available, enhancing the appeal for both tenants and guests. With an impressive 100% occupancy rate and a solid rental history, this property ensures stable cash flow and minimizes vacancy risk, making it an ideal addition to any investment portfolio.

Currently yielding an attractive 9.54% before final negotiations, this property stands out in a competitive market. Each unit is equipped with its own water meter, facilitating convenient cost recovery and enhancing overall management efficiency. Located close to local amenities, schools, and public transport, this investment not only offers strong financial returns but also promises potential future appreciation as Table View continues to thrive. The property has not been sectionalized and offers existing GR3 Zoning.

Contact me to discuss how we can add this asset to your portfolio as a first time or well seasoned Investor. The property can also be sold as a going concern.

Bedrooms Bedrooms: 12
Bathrooms Bathrooms: 8
Garages Garages: 4
Parking Parking: 4
Pet Friendly Pet Friendly
Garden Garden
Listing number: P24-114959811, Image number: 1, Lounge
Listing number: P24-114959811, Image number: 2, Lounge with Fireplace
Listing number: P24-114959811, Image number: 3, Lounge
Listing number: P24-114959811, Image number: 4, Separate Kitchen
Listing number: P24-114959811, Image number: 5, Kitchen
Listing number: P24-114959811, Image number: 6, Ground Floor Bedroom
Listing number: P24-114959811, Image number: 7, Ground Floor Bedroom
Listing number: P24-114959811, Image number: 8, Ground Floor Guest Toilet
Listing number: P24-114959811, Image number: 9, Upstairs Master Bedroom 2
Property Overview
Listing Number
114959811
Type of Property
Townhouse
Description
Cluster Home, Double Storey, Freestanding, Residential
Lifestyle
Complex
Listing Date
19 September 2024
Erf Size
1 004 m²
Rates and Taxes
R 2 342
Pets Allowed
Yes
Bedrooms
12
Bathrooms
8
Kitchens
4
Reception Rooms
4
Garage
4
Parking
4
Secure Parking
Garden
Yes
Style
Conventional
Facing
Level Road
Security
Electric Gate, Perimeter Wall, 24 Hour Access
Special Feature
Built in Braai, Totally Walled
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