Property description
Discover the potential of this property, strategically divided into 3 flats, each offering lucrative rental income, totaling R15,000 per month. Nestled in a tranquil area of town, this expansive property also presents opportunities for future expansion, making it an ideal investment prospect.
The spacious back yard not only enhances the property's value but also provides ample space for potential development. Additionally, there are 3 dedicated carports, ensuring convenience for each tenant.
Let's delve into the details of each flat:
- Flat No. 1: Featuring 2 bedrooms, 1 bathroom, and an open-plan living area and kitchen, this unit offers comfortable living. A private courtyard with a small garden adds a touch of serenity, making it pet-friendly.
- Flat No. 2: Boasting 1 bedroom, 1 bathroom, and an open-plan living area and kitchen, this unit mirrors the comfort of its counterpart. Similarly, it includes a private courtyard with a small garden, catering to pet owners.
- Flat No. 3: This unit comprises 1 bedroom, 1 bathroom, a small kitchen, and a living area, ideal for individuals seeking cozy accommodation.
Don't miss out on this golden opportunity! Call today to schedule a viewing and unlock the potential of this lucrative investment.
- Flatlet
- Store Room
- Freehold
Location rating
Nearby Transport
Nearby Education
Nearby Other
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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.
