ref # 866

 ref # 866

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R 5 500 000 (263 788 EUR*)

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20
11
15
± 1300 m2
± 600m2
R 8000  / m
R 20  / m

Property Features
Access Gate
Alarm
Backup Battery / Inverter
Balcony
Built In Cupboards
Built-in-Braai
Electric Fencing
Fence
Flatlet
Kitchen
Nearby Minibus Taxi Service
Paving

INVESTMENT PROPERTY THAT COMPLY WITH MUNICIPALITY BYLAWS FOR SALE

*Lucrative Investment Opportunity: 11-Unit Property with Modern Amenities*

This exceptional investment property boasts 11 units, including 9 two-bedroom and 2 one-bedroom apartments, generating a substantial monthly income. Strategically equipped with modern amenities, this property offers a unique blend of efficiency, sustainability, and profitability.

*Key Features:*

- *Solar Geysers:* Reduces electricity costs and environmental impact.
- *Solar Outside Lights:* Energy-efficient lighting for enhanced security and reduced expenses.
- *Prepaid Meter:* Convenient and cost-effective billing system.
- *Monthly Income:

*Property Details:*

- 9 two-bedroom units
- 2 one-bedroom units
- Municipality bill: R8,000 (suggesting a potential for increased rental income or optimization opportunities)

*Investment Potential:*

This property offers a compelling opportunity for investors seeking steady rental income and long-term appreciation. With its modern amenities and efficient systems, this property is poised to attract high-quality tenants and deliver strong returns.

*Benefits:*

- *Steady Income:* Generate consistent rental income from 11 units.
- *Energy Efficiency:* Solar geysers and outside lights reduce utility costs.
- *Convenient Billing:* Prepaid meter simplifies expense management.

  • 11 units

  • 9*2 bedrooms
  • 2*1 bedrooms
  • prepaid meters in every room
  • rezoning certificate
  • approved plans

  • This property represents a rare investment opportunity with significant potential for growth and returns. Don't miss out on this chance to acquire a well-designed and efficient property with a strong income-generating potential.


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