Excellent
4.8 out of 5
Trustpilot
Features
- Erf: 180m2
8 Beds
8 Baths
2 Parking Bays
8 Living Rooms
Pet Friendly
Borehole
Security
Partial Burglar Bars, Safety Gate
Fully Tenanted Double Storey Flats - Excellent Investment Opportunity
Just Listed.
This freestanding double-storey block of flats presents a solid investment opportunity with consistent rental income and low-maintenance finishes throughout.
The building comprises 8 one-bedroom units. All flats are identical in layout, with minor differences in size. Each unit offers an open-plan kitchenette and lounge area, one bedroom, and an en-suite bathroom fitted with a shower, basin, and toilet. Every unit also includes its own private box/storage space.
The flats feature aluminium windows and tiled flooring throughout, ensuring durability and easy upkeep.
The property is fully tenanted and currently generates R26 000 in monthly rental income, offering immediate returns for investors.
Additional features include a borehole water supply to the complex, helping to reduce water costs. Parking is limited to two vehicles on the property.
A great opportunity to secure an income-generating property with stable occupancy and long-term potential.
Contact Siphiwo to arrange a viewing.
Condition Report
