This spacious home of approximately 400 m2 has been cleverly converted into five self-contained flats, each with its own entrance, prepaid electricity meter and geyser. The property is situated on a walled 800 m2 stand with secure parking for all tenants.
The configuration includes:
The property currently generates a total rental income of R21 000 per month and is fully tenanted, making it an ideal investment for those seeking immediate returns. While the units may require some maintenance, the property is sold voetstoots and offers excellent potential to enhance value and income with minor improvements.
A solid, income-producing asset — don’t miss this opportunity! Contact me today to arrange a viewing of the property.