Property description
This Perfectly Positioned property is situated in the heart of La Lucia, offering a unique investment opportunity with 8 Self- Contained units, each unit is designed to provide comfortable living spaces making it an attractive option for tenants and a brilliant source of rental income.
The Details of Each Unit:
3 X Studio Units with bathroom and Kitchenette and balcony – rental income of R 6 500 per month per unit.
1 X 1 Bedroom with bathroom and Kitchen and balcony – rental income of R 8 000.00 per month
1 X 1 Studio with bathroom and kitchenette – rental income of R 4000.00 per month
1 X 2 Bedroom unit with veranda, lounge, kitchen and bathroom – rental income R13 700 per month.
1 x Large Studio unit with bathroom, kitchen and lounge/dining room and patio – rental income R7 500.00 per month
1 x 3 Bedroom, 2 bathrooms, lounge, dining room, kitchen, scullery and pool – potential rental – R18 000 per month
There is plenty of parking and a double garage.
The property has the potential to generate a significant rental income of approximately R70 000 per month.
This property is a rare find in the La Lucia area and is sure to attract investors and tenants alike. Don’t miss out on this brilliant opportunity or for the family that needs a village!
Walking Distance to La Lucia mall and across the road from the Mosque.
- Pool
- Freehold
- Security Features
- Pets Allowed
- Laundry
Location rating
Nearby Transport
Nearby Education
Nearby Other
Request property details from Tyson Properties Umhlanga Office
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Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
