R2,400,000
Monthly Bond Repayment R24,772.52
Calculated over 20 years at 11.0% with no deposit.
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Monthly Rates
R3,000
R3,000
Charming Home With Established Beauty Salon & Separate Flatlet - Prime Investment Opportunity!
Unlock exceptional income-generating potential with this unique property featuring a delightful four-bedroom, two-bathroom home and a valuable bonus: a separate one-bedroom flatlet. This is a fantastic opportunity for savvy investors seeking immediate returns and long-term growth, or for homeowners looking for supplementary income with established tenants.
This amazing property is currently operating as a successful Beauty Salon, complete with existing rental contracts in place, providing an immediate and reliable income stream. Stepping outside, the self-contained one-bedroom flatlet also boasts a current rental contract. Importantly, both sets of tenants are keen to remain, ensuring a seamless transition for the new owner.
Strategically located in a highly sought-after area of Meer en See, this property benefits immensely from its proximity to essential amenities, ensuring convenience for both the salon clientele and salon tenants. This prime location guarantees strong rental demand and excellent long-term appreciation potential, making it a smart and secure investment in the local market.
Recently renovated with modern finishes, this property offers a move-in ready (or continue-operating ready) experience for all sections. Already generating consistent rental income and situated within a safe and secure environment, this is a truly hassle-free investment opportunity you won't want to overlook in Richards Bay.
This amazing property is currently operating as a successful Beauty Salon, complete with existing rental contracts in place, providing an immediate and reliable income stream. Stepping outside, the self-contained one-bedroom flatlet also boasts a current rental contract. Importantly, both sets of tenants are keen to remain, ensuring a seamless transition for the new owner.
Strategically located in a highly sought-after area of Meer en See, this property benefits immensely from its proximity to essential amenities, ensuring convenience for both the salon clientele and salon tenants. This prime location guarantees strong rental demand and excellent long-term appreciation potential, making it a smart and secure investment in the local market.
Recently renovated with modern finishes, this property offers a move-in ready (or continue-operating ready) experience for all sections. Already generating consistent rental income and situated within a safe and secure environment, this is a truly hassle-free investment opportunity you won't want to overlook in Richards Bay.
Features
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchen
1
Reception Rooms
1
Study
1
Furnished
No
Exterior
Security
No
Parkings
8
Flatlet
1
Pool
No
Sizes
Land Size
1,000m²
Extras
Air Conditioning Unit; 24 Hour Response; Flatlet; Blinds; Courtyard; Secure Parking; Covered Patio; Laminated Floors
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