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Income generating property in Newclare, ideal for student accomodation.
This is a double stand It houses four units on each stand. There are 2 one bedroom units with a kitchen and bathroom each.
Then there is 6 two bedroom units with a kitchen and bathroom each.
The income from the 2 bedroom units are R2500 each and from the one bedrooms are R1800 each. The total income is R18 600 currently.
The property need a lot of TLC and once the necesary repairs has been attended to the prospective new investor can charge a higher amount per dwelling unit.
Bedrooms:
16
Bathrooms:
8
Parking:
9
Pet Friendly
Fibre Internet
Property Overview
Listing Number
115178752
Type of Property
House
Listing Date
06 November 2024
Erf Size
990 m²
Pets Allowed
Yes
Rooms
Bedrooms
16
Bathrooms
8
Kitchens
8
External Features
Parking
9
Other Features
Internet Access
Fibre
Points of Interest
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