Fantastic Investment Opportunity – 4 Flats with Private Yards
This is the perfect chance to start or grow your property portfolio with a solid income-generating asset. The property features four rental units, each with its own private yard and prepaid electricity meter, offering independence for tenants and low overheads for the owner.
Potential Rental Income: R9,000+ per month
Property Breakdown: Flat 1: Spacious 3-bedroom, 1-bathroom unit with both a bath and shower, a large living room and an adjacent kitchen. The generous yard makes it ideal for families.
Flat 2: Neat and compact 1-bedroom with a shower, separate toilet and efficient kitchen. A great option for a single tenant or student.
Flat 3: Large 1-bedroom corner flat with a shower bathroom, semi open-plan living area and kitchen off to the side. Two entrances and the option to reconfigure the fence to create a fully private yard, add real value.
Flat 4: Very spacious bachelor flat with a well-sized bathroom and an additional carport right next to it, perfect for a tenant needing extra parking or storage.
This well-designed rental property offers immediate income potential and flexibility to increase returns even further. A rare find for smart investors!
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Disclaimer: While every effort will be made to ensure that the information contained within the Home and Hectare website is accurate and up to date, Home and Hectare makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
