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Mun. Rates & Taxes: ZAR 3083.00
Property description
Discover the perfect addition to your investment portfolio with this meticulously designed property featuring eight townhouse units, each tailored to meet various tenant needs and preferences.
Unit Types:
Three Bedroom Townhouse Unit with Double Garage: Enjoy the spaciousness and convenience of a three-bedroom townhouse with the added luxury of a double garage. Ideal for families seeking room to grow.
Two Bedroom Townhouse Unit with a Small Splash Pool and Carport: Experience resort-style living with a private splash pool and the practicality of a carport. Perfect for those who appreciate a touch of luxury.
Five Two Bedroom Townhouse Units with Carports: These well-appointed two-bedroom units with carports offer comfortable living spaces for tenants seeking a convenient and modern lifestyle.
One Bedroom Townhouse Unit with a Carport: Compact and cozy, this one-bedroom unit with a carport is ideal for singles or couples looking for a comfortable and affordable place to call home.
Key Features:
Municipal Prepaid Electricity: Each unit is equipped with municipal prepaid electricity, allowing tenants to manage their electricity consumption and expenses efficiently.
Private Water Meters: To ensure fair and accurate billing, private water meters have been installed for each unit, giving tenants control over their water usage and costs.
Current Income:
Three-Bedroom Unit: R 7,250 per month (private rental, tenant due to move)
Two-Bedroom Unit: R 5,500 per month (agent commission included)
Three Two-Bedroom Units: R 4,600 per month each (private rentals, three due to renew lease)
One Two-Bedroom Unit: R 4,800 per month (private rental)
One Two-Bedroom Unit: R 4,750 per month (private rental)
One-Bedroom Unit: R 3,450 per month (agent commission included)
With its diverse range of units and income streams, this property offers a solid investment opportunity in a thriving market. Whether you're looking to expand your real estate portfolio or start your journey as an investor, this property promises steady rental income and excellent potential for future growth.
Don't miss out on this chance to secure your financial future. Contact us today to schedule a viewing and explore the endless possibilities that await you with this remarkable property.
