House for sale in Fauna Park

Calling on all Investors - Investment Opportunity: 24 x One Bedroom Rental Units on one Property

Nestled in a prime location, this property presents an exceptional investment opportunity with its 24 spacious one-bedroom rental units. Generating a steady rental income of R102,000 per month, this property promises both immediate returns and long-term growth potential.

Property Features:

• 24 x 1 Bedroom, 1 Bathroom units with an open plan kitchen and lounge area.
• Each unit boasts approximately +- 40m2 of comfortable living space.
• Bedrooms are equipped with built-in cupboards, fans, and en-suite bathrooms for added convenience.
• The bathrooms feature modern amenities including a basin, toilet, and shower.
• The living areas offer a seamless flow with open plan lounges, fans, and kitchens featuring built-in cupboards, stove and oven hob, and elegant granite countertops.
• Tenants enjoy the convenience of prepaid electricity, with the purchased amounts automatically deducted from the monthly water and lights bill.
• Providing convenience and protection, the property offers undercover shade net parking for all tenants.
• A communal braai area invites residents to unwind and socialize in a pleasant outdoor setting.
• Access is easy with 2 entrance and exit gates strategically located on either side of the property.

Investment Highlights:

• Proven rental income of R102,000 per month, offering immediate returns on investment.
• Convenient amenities such as built-in cupboards, fans, and kitchen facilities.
• The property's strategic location promises continued demand in the rental market.
• Secure and well-designed, with features like shade net parking and gated entrances for tenant safety.

Don't miss this rare opportunity to acquire a lucrative investment property with a solid rental income. Whether you're an experienced investor or looking to expand your portfolio, this property promises exceptional value and potential growth. Schedule a viewing today to secure your stake in this thriving investment venture.