Are you an investor? Discover this residential property in Newlands West presenting an excellent investment opportunity, comprising four modern duplex units that are currently tenanted and generating rental income. The development includes two three-bedroom units and two two-bedroom units, offering a balanced tenant mix and strong rental appeal.
Designed with modern living in mind, each unit features contemporary tiled flooring throughout, sleek aluminium windows, and energy-efficient LED lighting, ensuring durability, low maintenance, and reduced operating costs. The open-plan lounge, kitchen, and dining areas create a spacious and functional layout that appeals to long-term tenants. Interiors allow for flexibility, with the option to install built-in cupboards and individual stoves to further enhance rental value.
Externally, the property is well equipped with a 3-phase power supply, prepaid water and electricity meters for simplified utility management, and parking for up to five vehicles. The convenient location places the development close to local shops, schools, and essential amenities, ensuring sustained tenant demand.
With its modern construction, income-generating potential, and strategic location, this fully tenanted Newlands West development is ideal for investors seeking immediate returns and long-term capital growth.
Contact Mano today to arrange a viewing and secure this solid investment opportunity