9 Bed House in North End
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