This property is an investor’s dream, offering a collection of 3 flatlets and a townhouse, designed for maximum rental income potential. Nestled in a desirable area, the building consists of several self-contained units, each with a contemporary, open-plan layout that appeals to young professionals and students alike.
Each flatlet is thoughtfully designed with a cozy living area, a compact but fully-equipped kitchen,bathroom and a comfortable bedroom with built-in storage.Large windows in every unit allow for plenty of light.
Townhouse consists of 3 bedrooms,2 bathrooms,open -plan living area and kitchen,own garden and 2 carports.It also has it’s own entrance.
Main Dwelling consists of lounge,dining,kitchen,laundry,3 spacious bedrooms,2 bathrooms,strong borehole,lapa and swimming pool.
The property is secured with gated access, offering tenants peace of mind, and...
This property is an investor’s dream, offering a collection of 3 flatlets and a townhouse, designed for maximum rental income potential. Nestled in a desirable area, the building consists of several self-contained units, each with a contemporary, open-plan layout that appeals to young professionals and students alike.
Each flatlet is thoughtfully designed with a cozy living area, a compact but fully-equipped kitchen,bathroom and a comfortable bedroom with built-in storage.Large windows in every unit allow for plenty of light.
Townhouse consists of 3 bedrooms,2 bathrooms,open -plan living area and kitchen,own garden and 2 carports.It also has it’s own entrance.
Main Dwelling consists of lounge,dining,kitchen,laundry,3 spacious bedrooms,2 bathrooms,strong borehole,lapa and swimming pool.
The property is secured with gated access, offering tenants peace of mind, and includes ample parking space for each unit.
Located in a high-demand rental area close to public transport, shops, and educational institutions, this complex is perfectly positioned for steady tenant occupancy. The flatlets have a strong rental history with low maintenance costs, ensuring a solid return on investment.
Income currently on property is R 19600. The main dwelling can also generate an income of R13000.
For savvy investors, this property offers the opportunity to either rent out each flatlet individually or potentially develop the site further, maximizing the potential of the land and increasing the overall value.