R1,850,000
Income Generating Investment Property
Property Details

Located in an ideal suburb, this property is blooming with the potential to generate great rental income. In total the property consists of 4 separate dwellings.

A main house featuring three bedrooms, a living area, neat kitchen and a bathroom with two showers as well as a private courtyard

A second adjoining flatlet with two bedrooms, bathroom, lounge and kitchen. This unit does require attention and an upgrade.

An open plan bachelor flatlet with shower and kitchenette. This could also be used a staff accomodation.

A three bedroom flatlet with a spectacular deck where beautiful views of the neighbourhood can be enjoyed. It has a single bathroom complete with bath, shower as well a two bedrooms in the basement area and a single bedroom complete with built in cupboards.

Upgrades to the flats are required in order to make it more aesthetically pleasing and bring forth the full value and potential of the property

The property also has an established profitable tuck shop business. This is ideally situated closeby a high school which enables the ideal investor uninterrupted business.

Perfect location and an ideal opportunity.

Open to Offers!!

Property Features
Property Type
House
Beds
3
Bath
1
Garages
1
Stand Size
466m²
Living Area
1
Flatlet
Yes
Associated Costs
Rates & Taxes
±R1,000
Location
Enquiry
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