Property Details:
Income Potential: More than $35,000 per month.
Location: In a well-established area, which likely adds to its value and rental appeal.
Apartment Configuration:
1 x 2-Bedroom Apartment
4 x 1-Bedroom Apartments
3 x Bachelor Apartments
Amenities:
Gas stoves with gas bottles for each apartment.
Showers, toilets, and basins in all units.
Borehole water supply.
Shared Lapa (a covered outdoor area, often used for entertaining) and swimming pool.
Paved areas and garden spaces.
Security Features:
Burglar bars and trellis doors for added security.
Total Area:
Size: 1,345 square meters (sqm).
Key Advantages:
High Rental Yield: Multiple apartments on a single property provide diverse rental streams.
Self-Sustainability: Borehole reduces reliance on municipal water.
Desirability: Shared amenities like the pool and Lapa can attract tenants.
Secure Environment:...
Property Details:
Income Potential: More than $35,000 per month.
Location: In a well-established area, which likely adds to its value and rental appeal.
Apartment Configuration:
1 x 2-Bedroom Apartment
4 x 1-Bedroom Apartments
3 x Bachelor Apartments
Amenities:
Gas stoves with gas bottles for each apartment.
Showers, toilets, and basins in all units.
Borehole water supply.
Shared Lapa (a covered outdoor area, often used for entertaining) and swimming pool.
Paved areas and garden spaces.
Security Features:
Burglar bars and trellis doors for added security.
Total Area:
Size: 1,345 square meters (sqm).
Key Advantages:
High Rental Yield: Multiple apartments on a single property provide diverse rental streams.
Self-Sustainability: Borehole reduces reliance on municipal water.
Desirability: Shared amenities like the pool and Lapa can attract tenants.
Secure Environment: Safety measures enhance tenant appeal.
This sounds like a promising property for investors aiming for steady rental income. If you're considering purchasing or promoting this investment, I can help craft a detailed investment pitch or analyze the potential financial returns. Let me know!