Property description
Priced to sell!
POT OF GOLD with mixed use zoning!
"Fix me upper" with loads of accommodation to rent out!
Excellent investment with scope for higher income! Double
the current rent of ±R26 000 p.m. by improving the rentable
units.
Keep the heritage façade for the two front semi's & upgrade
the interior or start a new exciting development towards the back!
1. Two semi-detached houses with heritage fronts façade -
One AND two bedroom houses
2. Enormous ±130m² laundromat that can be altered into
rentable accommodation!
3. Four bachelor flats that needs upgrading to increase income!
4. Spacious double story house -
Rent the bottom section to one family
Add a kitchen & bathroom to the top floor to rent out separately.
Ample secure parking and huge storage space.
Discover the enormous need for secure, affordable accommodation,
a Dementia/Alzheimer Centre & other "gaps" in the market to explore!
The favorable mixed-use zoning opens so many doors and opportunities
to consider! Priced to sell!
- Flatlet
- Store Room
- Freehold
- Sea View
- Pets Allowed
- Laundry
- Flooring: Carpet, Tiles, Wood, Cement
- Walling: Fully Walled
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
