7 Bedroom Apartment For Sale in Tongaat

Property description

Prime Investment Opportunity in Seatides: Multiple Income Streams
R2,500,000

This exceptional investment property in the sought-after Seatides area presents a unique opportunity for savvy investors, families seeking extended living options, or retirees looking for a comfortable and income-generating home.

This property features a total of 5 apartments, providing a diverse income stream:

* Three 2-bedroom apartments, each generating a rental income of R5,500 per month.

* Two 1-bedroom apartments, with rental incomes of R2,900 and R2,500 per month respectively.
The property at 5 Hill Road, Metcalf, Tongaat, offers a solid return on investment with the potential for further growth.

Property Highlights:
* Multiple Income Units: Five apartments in total, ensuring a consistent and diversified rental income.

* Spacious Layouts: The 2-bedroom apartments provide ample living space, while the 1-bedroom units offer comfortable and convenient accommodation.

* Established Rental Market: Seatides is a desirable location, attracting tenants seeking quality accommodation.

* Large Yard: The property is situated on a spacious yard, offering potential for further development or expansion (subject to necessary approvals).

Seatides Lifestyle:
Seatides offers a relaxed coastal lifestyle with convenient access to amenities.

While specific details for 5 Hill Road are limited, the general area offers:

* Coastal Living: Enjoy the tranquility of a seaside community.
* Proximity to Tongaat: Benefit from the amenities and services available in nearby Tongaat.

* Investment Potential: Seatides is a growing area, making this property a sound investment for the future.

This property is a must-see for those seeking a high-yield investment opportunity in a desirable location. Contact us today to arrange a viewing.