6 Bed House in Stutterheim
Seize this great investment opportunity!
This home has been sectioned off into a total of 5 separate flats. Currently earning an income of approximately R 9 500 per month and potential to earn more.
Each units has its own pre paid meter installed.
Flat 1 consists of a bathroom with a toilet and shower. Open plan lounge and kitchen area and separate bedroom.
Flat 2 has a large bedroom with an en suite bathroom with a toilet, basin and bath. A separate kitchenette and pantry cupboard.
Flat 3 consists of a separate kitchen, bathroom with toilet, basin and bath and a separate bedroom.
Flat 4 consists of an open plan lounge and kitchen area, a bedroom with an ensuite with toilet, basin and shower.
Flat 5 has an open plan lounge and kitchen area, 2 bedrooms and a bathroom with toilet, bath and basin.
There is a single garage and opportunity to add in carports or off street parking for tenants. The single garage can be utilized as storage space or for a tenants vehicle.
With some TLC this property is well worth the cost input for a great monthly amd annual return on investment.
Do not miss out on this rare opportunity.
Property details
- Listing number T4648088
- Property type House
- Listing date 23 May 2024
- Land size 1 116 m²
Property features
- Bedrooms 6
- Bathrooms 5
- En-suite 5
- Lounges 3
- Garage parking 1
- Storeys 2
- Pet friendly
- Access gate
- Fenced
- Patio
- Storage
- Kitchen
- Garden
- Pantry
- Paving