R 3,195,000

R 3,195,000

Double-Storey Income-Generating Property – Excellent Returns
12
Bedrooms
8
Bathrooms
Under offer

Double-Storey Income-Generating Property – Excellent Returns

Web Ref. MPLS-6306
Land size 803 m²
Floor size 200 m²

A solid investment opportunity situated in a good, well-secured area, offering a steady rental income of ±R38,000 per month. Ideal for investors seeking multiple income streams in a high-demand location.


Property Overview:


.           Double-storey building
.           6 rentable units in total


Unit Breakdown:


.           2 × Three-bedroom units, 2 bathrooms, Open-plan lounge and dining area, Kitchen with scullery
.           2 × Two-bedroom units, 1 bathroom, Lounge and dining room, Kitchen
.           2 × Bachelor flats, Open-plan living/sleeping area, Kitchen, Bathroom


Additional Features:


.           Located in a well-secured, sought-after area
.           Close to all amenities
.           Strong rental demand
.           Ideal for long-term letting or mixed-use investment


This property offers excellent value, consistent income, and long-term growth potential.

Features

Property Type Home
Listing Purpose Sale
Municipal Rates R 1074
Occupation On Transfer
En-Suites 4
Floor Size 200 m²
Total Floors 2
Property Tags
Freestanding

Rooms

Bedrooms 12
Bathrooms 8
Kitchen 1
Lounges 8

Amenities

Laundry Scullery Built in Cupboards Burglar Bars Security Gates Secure Parking

Property Location

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.