11-Unit Property with Strong Income Potential

This property represents an excellent investment opportunity, featuring a total of 11 units, divided across two separate buildings, generating an impressive rental income of approximately R30,000 per month. With a diverse range of units and amenities, this property offers both immediate income potential and long-term value growth. Please note not all units are tenanted. 

First Building:

• Unit 1: 2 Bedrooms, Shower, Washing Room, Kitchen & Lounge
• Unit 3: 2 Bedrooms, 2 Bathrooms, Kitchen & Lounge
• Unit 3B: 1 Bedroom, 1 Bathroom, Kitchen & Lounge
• Unit 4A: 1 Bedroom, 1 Bathroom, Kitchenette & Lounge
• Unit 4: 2 Bedrooms, Full Bathroom, Kitchen & Lounge
• Units 5A & B: 2 Bedrooms, 1 Bathroom (with shower), Kitchen & Lounge

Second Building:

• Unit 2B: 1 Bedroom, Open Plan Lounge, Kitchen & Bathroom
• Unit 2A: 1 Bedroom, Open Plan Lounge, Kitchen & Bathroom
• Unit 7: 2 Bedrooms, Kitchen, Lounge & Bathroom
• Unit 8: 2 Bedrooms, Kitchen, Lounge & Bathroom

Property Features:

• Water Supply: Two 10,000-litre water tanks, connected to each unit, ensuring an uninterrupted water supply.
• Parking: 6 Lock-up Garages and 5 Carports for secure parking.
• Prepaid Utilities: Each unit is equipped with prepaid electricity meters and individual water meters, providing transparent and efficient utility management.
• Additional Amenities: A store room and a communal braai area, enhancing the property's appeal to tenants.

This well-maintained property offers a stable and consistent rental income with low maintenance costs. The combination of well-sized units, desirable features, and prime location makes this property an ideal choice for savvy investors looking for a secure, high-yielding investment.

Don’t miss out on this fantastic opportunity! Contact us for more details and to arrange a viewing.