Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.

R 2 500 000

House for Sale in Palm Ridge

Palm Ridge, Alberton

Contact agent for street address

770 m²
- m²: 770 m²
- Hectares: 0.077 ha
- Acres: 0.19 acres

Contact Agent

Shadow Modise

Show Contact Number

Investment property for sale

Presenting an exceptional investment opportunity in a prime location! This property offers a lucrative proposition with multiple accommodation units and additional amenities, ensuring a steady rental income stream. The property features a total of 7 residential units, comprising 5 spacious units with 2 bedrooms each and 2 cozy units with 1 bedroom each, catering to a variety of tenant preferences.

In addition to the residential units, the property includes 3 garages that generate an extra income of R2,100 monthly. The combined rental income from all units and amenities totals an impressive R35 100 per month, making this an attractive proposition for savvy investors looking to expand their portfolio.

Don't miss out on this unique opportunity to secure a high-yield investment property. For more details or to schedule a viewing, please call me today. Seize the chance...

Listing number: P24-114725215, Image number: 1

Listing number: P24-114725215, Image number: 2

Listing number: P24-114725215, Image number: 3

Listing number: P24-114725215, Image number: 4

Listing number: P24-114725215, Image number: 5

Listing number: P24-114725215, Image number: 6

Listing number: P24-114725215, Image number: 7

Property Overview

Listing Number

114725215

Type of Property

House

Listing Date

29 July 2024

Erf Size

770 m²

Floor Size

433 m²

Rates and Taxes

R 805

Zoning

General Residential

Points of Interest

Bond Calculator

*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.