Web Ref UPR410
R1,430,000
Monthly Bond Repayment R15,004.36
Calculated over 20 years at 11.25% with no deposit.
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Monthly Rates
R950
R950
Investment Opportunity - House Converted into 5 Flats with Rental Income of +-R17 500
Looking for a property with great investment potential? Look no further!
This unique property has been converted into 5 separate flats, offering steady rental income and ample space for expansion. Located in a convenient area with secure parking, this is a must-see for investors or anyone looking to enter the rental market.
Key Features:
Flat 1: Spacious living room, kitchen, bedroom, and bathroom. Share a garden. Parking under shade net Needs a bit of TLC.
Flat 2: Open plan living and dining area with kitchen, 2 bedrooms, and bathroom. Own private garden. Secure parking.
Flat 3: Open plan living, dining, kitchen, and bedroom and bathroom. Share a garden. Secure parking.
Flat 4: Comfortable living area, kitchen, and bedroom. Private garden. Secure parking.
Flat 5: Open plan living area and kitchen, bedroom, and bathroom. Own private garden. 2 covered under shade
Additional Features:
Secure parking for multiple vehicles.
2 separate entrances for easy access.
Swimming pool - needs some TLC.
Rental Income: R17,500 per month.
Potential for further development – enough space to build additional units.
This property offers great value with room for improvement, making it a perfect option for those looking to generate consistent rental income or develop further. Don’t miss out on this fantastic opportunity!
Contact me today to schedule a viewing and see the potential for yourself!
This unique property has been converted into 5 separate flats, offering steady rental income and ample space for expansion. Located in a convenient area with secure parking, this is a must-see for investors or anyone looking to enter the rental market.
Key Features:
Flat 1: Spacious living room, kitchen, bedroom, and bathroom. Share a garden. Parking under shade net Needs a bit of TLC.
Flat 2: Open plan living and dining area with kitchen, 2 bedrooms, and bathroom. Own private garden. Secure parking.
Flat 3: Open plan living, dining, kitchen, and bedroom and bathroom. Share a garden. Secure parking.
Flat 4: Comfortable living area, kitchen, and bedroom. Private garden. Secure parking.
Flat 5: Open plan living area and kitchen, bedroom, and bathroom. Own private garden. 2 covered under shade
Additional Features:
Secure parking for multiple vehicles.
2 separate entrances for easy access.
Swimming pool - needs some TLC.
Rental Income: R17,500 per month.
Potential for further development – enough space to build additional units.
This property offers great value with room for improvement, making it a perfect option for those looking to generate consistent rental income or develop further. Don’t miss out on this fantastic opportunity!
Contact me today to schedule a viewing and see the potential for yourself!
Features
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
5
Kitchen
5
Reception Rooms
5
Furnished
No
Exterior
Security
No
Parkings
10
Flatlet
5
Pool
Yes
Sizes
Land Size
1,195m²
