- 9
- 4
- 607 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Mun. Rates & Taxes: ZAR 7721.00
Property description
Attention investors! We are excited to present a promising investment opportunity in the bustling North End area.
This versatile property offers four flats. Three of the flats are spacious 3-bedroom units, each with a lounge, kitchen, and bathroom. The fourth flat is currently being operated as a restaurant, featuring a large dining area, a medium dining space, a cozy enclosed balcony, a kitchen, and a bathroom.
In addition, the property includes six single rooms, all currently rented out, and six open parking spaces for tenants and guests.
The property is fully tenanted, generating a steady monthly rental income of R32,000.00. While it does require some maintenance and updates, its current occupancy and income potential make it a valuable investment.
Don’t miss this opportunity.
For more information or to schedule a viewing, please contact us.
Property Details
- 9 Bedrooms
- 4 Bathrooms
- 5 Lounges
- 1 Dining Area
Property Features
- Pets Allowed
- Kitchen
- Guest Toilet
- Garden
- Wooden windows
- Wooden flooring
- Separate urinals
| Bedrooms | 9 |
| Bathrooms | 4 |
| Erf Size | 607 m2 |
Contact the Agent
Michael Groenewald
Candidate Property Practitioner