Web Ref RL950291
R499,000
Monthly Bond Repayment R5,407.69
Calculated over 20 years at 11.75% with no deposit.
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Monthly Rates
R655
R655
Income generating investment opportunity
Discover this versatile and income-generating property located in the heart of Zwide, just off the main road. Originally a three-bedroom home, this property has been thoughtfully converted to maximize rental opportunities, now featuring eight separate flats in total.
Main Property Features:
Converted Living Space: The main house, now a two-bedroom unit, offers ample space and comfort for tenants.
Six Additional Flatlets: Surrounding the main house are six self-contained flatlets, providing additional rental opportunities.
Varied Room Sizes: Each flatlet is uniquely sized, resulting in varied rental rates to attract a diverse range of tenants.
Enclosed Parking: Secure parking space is available, accommodating up to three vehicles.
Current Rental Income: The total rental income for this property currently stands at an impressive R10,800 per month
.
This property is ideal for investors seeking a reliable and steady rental income. Its prime location in Zwide, combined with the flexibility of different flat sizes, ensures consistent tenant interest and occupancy.
Don't miss out on this exceptional investment opportunity! Contact me today to schedule a viewing and see the potential for yourself.
Main Property Features:
Converted Living Space: The main house, now a two-bedroom unit, offers ample space and comfort for tenants.
Six Additional Flatlets: Surrounding the main house are six self-contained flatlets, providing additional rental opportunities.
Varied Room Sizes: Each flatlet is uniquely sized, resulting in varied rental rates to attract a diverse range of tenants.
Enclosed Parking: Secure parking space is available, accommodating up to three vehicles.
Current Rental Income: The total rental income for this property currently stands at an impressive R10,800 per month
.
This property is ideal for investors seeking a reliable and steady rental income. Its prime location in Zwide, combined with the flexibility of different flat sizes, ensures consistent tenant interest and occupancy.
Don't miss out on this exceptional investment opportunity! Contact me today to schedule a viewing and see the potential for yourself.
Features
Pets Allowed
No
Interior
Bedrooms
8
Bathrooms
3
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
Yes
Parkings
3
Flatlet
6
Pool
No
Sizes
Floor Size
104m²
Land Size
308m²
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