R 2 590 000
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9 Bed House in North End

9 4 6 607 m²

Investment Opportunity in Vibrant North End

Attention investors! We are excited to present a promising investment opportunity in the bustling North End area.

This versatile property offers four flats. Three of the flats are spacious 3-bedroom units, each with a lounge, kitchen, and bathroom. The fourth flat is currently being operated as a restaurant, featuring a large dining area, a medium dining space, a cozy enclosed balcony, a kitchen, and a bathroom.

In addition, the property includes six single rooms, all currently rented out, and six open parking spaces for tenants and guests.

The property is fully tenanted, generating a steady monthly rental income of R32,000.00. While it does require some maintenance and updates, its current occupancy and income potential make it a valuable investment.

Dont miss this opportunity.

For more information or to schedule a viewing, please contact us.

Property details

  • Listing number T4890610
  • Property type House
  • Listing date 3 Dec 2024
  • Land size 607 m²
  • Rates and taxes R 7 721

Property features

  • Bedrooms 9
  • Bathrooms 4
  • Lounges 5
  • Dining areas 1
  • Open parking 6
  • Pet friendly
  • Kitchen
  • Garden
  • Guest toilet

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