- 6
- 3
- 2 947 m2
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Property description
Income-Generating Property in Abbotsford, East London
This well-located investment property in the sought-after suburb of Abbotsford, East London, offers an excellent rental return and strong development potential. Situated on a generous 927m² erf, the property comprises three separate flats, making it ideal for investors or extended family living.
The main dwelling is a three-bedroom flat currently generating a rental income of R6,500 per month. In addition, the property features a separate one-bedroom flat upstairs with a rental income of R3,900 per month, as well as a two-bedroom flat downstairs producing R4,000 per month. The total rental income amounts to R14,400 per month.
The property is conveniently located in close proximity to major amenities, including Sasol Garage, shops, KFC, Steers, Fisher ways, a nearby church, and a primary school less than 2km away. It also offers quick and easy access to the N2 freeway, located just a few metres from the property, ensuring excellent connectivity.
This is a solid investment opportunity in a high-demand rental area, offering both immediate in-come and long-term value
Property Details
- 6 Bedrooms
- 3 Bathrooms
- 1 Ensuite
- 1 Lounges
Property Features
- Balcony
- Laundry
- Pets Allowed
- Access Gate
- Kitchen
- Guest Toilet
- Family TV Room
- Roof
- Windows
- Floors
- Fenced
- Entertainment Area
| Bedrooms | 6 |
| Bathrooms | 3 |
| Erf Size | 2 947 m2 |
Contact the Agent
Kanya Sigwela
Candidate Property Practitioner