R 7,000,000

R 7,000,000

Three Bedroom house with 9 Flats
3
Bedrooms
1
Bathrooms
2
Garages
Active

Three Bedroom house with 9 Flats

Web Ref. MPLS-7395
Land size 1000 m²
Monthly Bond Repayment
calculating..

Exceptional investment opportunity in Strubensvale, Springs. This spacious property features a comfortable 3-bedroom main house along with 9 additional flats, offering excellent rental potential. The main house provides generous living spaces and well-sized bedrooms, while the flats vary in size from bachelor units to a 3-bedroom flat, catering to a range of tenants and maximizing rental demand.

Exclusive Mandate 

The property includes double garages for the main house and 8 parking bays for the flats, ensuring ample parking for residents. Electricity is prepaid, making utility management simple for tenants. Conveniently located close to schools, shops, and major routes, this property offers an estimated rental income of around R55,000 per month, making it an ideal opportunity for investors looking for strong returns.

The units are all occupied and they are in high demand. Strubenvale is a very popular and safe suburb in Springs. 

 

Features

Property Type Home
Listing Purpose Sale
Municipal Rates R 1800
Occupation On Transfer
Total Floors 1
Property Tags
Freestanding Street Front Above Road Aluminium Roof Options Tile Conventional Brick Plaster Concrete Wall Options Face Brick Aluminium Window Options Bay Cottage Window Options Steel

Rooms

Bedrooms 3
Bathrooms 1
Kitchen 1
Lounges 1

Amenities

Garage 2
Flatlet Yes

8

Bedroom

Bedroom 1
King Bed

Amenities

Flatlet Garden Burglar Bars

Disclaimer

While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.