R 1,050,000

R 1,050,000

Flats for sale in Delft South, Cape Town
9
Bedrooms
1
Bathrooms
1
Garages
Active

Flats for sale in Delft South, Cape Town

Web Ref. MPLS-12849
Land size 187 m²
Monthly Bond Repayment
calculating..

INVESTMENT PROPERTY FOR SALE – DELFT SOUTH

Fully tenanted • Multiple rental units • Established monthly income

Excellent investment opportunity in Delft South, Cape Town!

This income-generating investment property offers multiple rental units, providing an opportunity for investors seeking consistent monthly rental income. The property is conveniently located close to government schools, public transport, Gole Supermarket, Delft Mall and law enforcement services.

Property features

  • 4 rental rooms with a shared toilet.

  • 2 studio flats renting at R2,500 each per month.

  • 2 studio flats renting at R2,800 each per month.

  • 1 one-bedroom flat with a kitchen and a bathroom fitted with a shower, toilet and basin.

  • 2 garage parking spaces.

  • Additional parking available at R200 per car per month.

  • All rental units are currently occupied by tenants.

 

Monthly rental income

Rental unit

Monthly income

4 rooms × R1,500

R6,000

2 studio flats × R2,500

R5,000

2 studio flats × R2,800

R5,600

1 one-bedroom flat

R3,500

Total rental income

R20,100

ESTIMATED MONTHLY CASH FLOW

Monthly rental income

R20,100

Bond repayment

−R11,000

 

Balance after bond repayment

R9,100

Before municipal charges, maintenance, insurance, taxes, vacancies and other operating expenses. Parking income is excluded because the number of paying parking spaces has not been confirmed.

Why invest in this property?

  • Rental income from multiple tenants.

  • All units are currently tenanted.

  • Convenient access to schools, shopping facilities and public transport.

  • Potential to build long-term wealth through rental income and property ownership.

Contact us today for more information or to arrange a viewing!

One important correction: The individual rents add up to R20,100, not R20,500, excluding parking income. If the additional R400 comes from parking, the total of R20,500 would be correct.

 

Features

Property Type Home
Listing Purpose Sale
Municipal Rates R 332
Occupation On Transfer
Property Tags
Freestanding North Tile Zinc Open Plan Style Plaster Aluminium Window Options

Rooms

Bedrooms 9
Bathrooms 1
Kitchen 1

Amenities

Garage 1

Single door

Parking Spaces 2

2 cars parking

Bedroom

Bedroom 1
Double Bed Tiled Floors TV Port Telephone Port Open Plan

Bathroom

Bathroom 1
Shower, Toilet and Basin Tiled Floors Open Plan

Kitchen

Kitchen 1
Tiled Floors Built-in Cupboards Stove (Oven & Hob) Blinds

Lounge

Lounge 1
Tiled Floors TV Port Veranda Patio

Amenities

Built in Cupboards TV Fibre DSTV Burglar Bars Cameras Security Gates Secure Parking Tandem Parking

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.