ref # 674

 ref # 674

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R 2 200 000 (106 537 EUR*)

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21
4.5
± 2000 m2
± 250m2
R 1200  / m
R 2  / m

Property Features
Pets Allowed

INVESTMENT PROPERTY WITH RES 3 ZONING

If you are looking for investment property, look no further. With a passive income this property is worth it.

The property comes with:

Main house - 7 Bedrooms, main bedroom is en suite and one full bathrooms,

fourteen(14) - income generating rooms

NB THE PROPERTY IS being REZONED TO RES 3

?Current rezoning proposal: up to two storeys building with at most 11 two bedroom apartments allowable. This can generate approximately 70k per month in that area with decent apartments.

currently the property is making +\-R30000

The property is fully tenanted at the moment. With enough parking space.

Looking for something for extra income this is an obvious tick on the bucket list.

NB THE PRICE IS NEGOTIABLE



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