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Reliable passive-income property in a convenient, amenity-rich location — eight rented units generating R53,500/month, including a freestanding three-bedroom; designated parking for 10–12 cars.
Investor's Dream! This property is perfect for an Investor looking for immediate returns on his/her investment. There is 8 units on this property which one of them is a freestanding 3-bedroom property, The current rental income is R53,500 with space to add a few more units.
4 x 2-bedroom semi detached house at a rental income of R6000 each pm equaling R24,000
1x Freestanding 3-bedroom home at R7,500 pm
1x 5 Bedroom unit at R10.500 pm
1x 4 Bedroom unit at R7,500 pm
1x 2 Bedroom unit at R4,000 pm
There is designating parking space for at least 10 to 12 cars and all the leases are in place and valid.
Book now to view!
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R3,700,000
Retreat is a well-established, centrally located residential suburb in Cape Town that offers residents convenient access to major transport routes, essential amenities, and proximity to the scenic Southern Peninsula.
* Distances and amenities are approximate.
