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19 Bedroom House For Sale in Mqanduli

Mqanduli, Eastern Cape
R 650000
RunningCosts Bond
Costs
Property Type House
Erf Size 872 m2
Levies R 0
Listing Date May 07, 2024
Floor Size NA
Rates and Taxes R 0
Details
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Street view
Local info

Property description

Tyson Properties is proud to present this investment opportunity in Mqanduli for a buyer who is interested in purchasing and investing in a short term project that will show its returns in value.

The property consists of 19 units which are fully tenanted and the rental income is currently between R550 and R600 per unit. This property with some TLC, minor renovations and with the right vision, can turn these units around to generate an higher rental income.

The property is 878 square meters in size and located in town close to CBD making it ideal for those working to walk to work.

Please contact me for a viewing.

  • Freehold
  • Security Features
  • Flooring: Cement
  • Fully Fenced

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