A Fabulous investment opportunity! 4 Flats and a 3 bed house on the property.
This very secure property consists of a 3 bed, 2 bath, 2 garage house with a pool AND 4 separate flatlets. The lounge and kitchen are open plan. Cupboards in kitchen are solid oak and there is an under counter stove with an eye level oven. Plenty of place for appliances. The bedrooms are carpeted and 2 of the bedrooms have aircon. The master bedroom is very spacious and has an en-suite.
There is an undercover patio at the back of the house which overlooks the pool area.
Each flat is identical and consists of 1 Bedroom with BIC, an open plan lounge with kitchen, a full bathroom consisting of bath, shower, basin and toilet. The flats are all tiled and have fans. Revenue from flatlets combined each month is R16,000 (the owner generously increases by 5% per annum). Each flat has it's own water and electricity meter.
The house is above road level and close to all major road routes, hospitals, schools and shopping mall.
Call me to set up an appointment to view.