1 main house with 2 flatlets!
This LONG-TERM INVESTMENT PROPERTY is situated in Eastend
Main House:
Layout: The main house features a comfortable two-bedroom layout, each with its en-suite bathroom. This setup provides privacy and convenience for occupants.
Amenities: The main house is equipped with a prepaid meter, offering flexibility and control over utility expenses. Additionally, it has its geyser, ensuring hot water availability without relying on shared resources.
Rental Potential:
The main house can generate rental income from tenants seeking a cozy and private living space, appealing to small families, couples, or professional flatlets:
Additional Features:
Water Supply: The property is equipped with a JoJo tank connected to a borehole, offering a reliable and cost-effective water supply. This feature mitigates dependency on municipal water, reducing operational expenses and enhancing the property's resilience to water shortages.
Parking: Covered parking space is available on-site, providing tenants with secure and convenient parking facilities. This amenity adds value to the property, particularly in areas where parking is limited or expensive.
Rental Income: With an approximate monthly income of R14,000 from the flatlets ONLY, the property offers a promising return on investment. Investors can expect steady cash flow and favorable rental yields, making it an attractive investment opportunity.
Conclusion:
Overall, this property presents an enticing investment opportunity for savvy investors seeking consistent rental income and long-term appreciation. Its versatile layout, convenient amenities, and steady cash flow potential make it a valuable addition to any investment portfolio in the real estate market