R 2 400 000
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7 Bed House in Witfield

7 6.5 8 1 500 m² 330 m²

7 Bedroom multi_unit facebrick home

Investors Dream! Prime 7-Bedroom Multi-Unit Property

Unlock incredible income potential with this 7-bedroom property, perfectly divided into four one-bedroom units and one spacious three-bedroom home with double automated garage with easy access to the home. This home can be used as a 4 bedroom with 2 bathrooms home too. The one unit also has solar, and gas stove. There is also a ot of parking on this huge stand with six of them being under cover. This investment gem offers both immediate cash flow and long-term appreciation. There is a Camera system with 8 cameras for extra security. Outside there is three storage rooms with domestic quarters and a seperate bathroom which has a shower

Property Highlights:

Diverse Unit Layout: Four cozy one-bedroom units with pre-paid electricity ideal for singles or couples, plus a roomy three-bedroom home perfect for a family or can also be used for group rentals.

Strong Rental History: Consistently high occupancy rates and attractive rental income will make this a turn-key investment.

Prime Location: Situated near public transport, easy access to the highway, shopping centres, and dining, ensuring high demand from tenants.Low Maintenance: Facebrick property with tiled roof, which minimizes expenses.

Flexible Living Options: Potential for owner-occupancy in the three-bedroom unit while enjoying rental income from the other units.Financial Highlights:

ROI: Strong rental yields in a thriving rental market.Opportunity for Value-Add: Room for rental increases through strategic upgrades or additional amenities.Don''t miss this chance to expand your portfolio with a property that promises both cash flow and growth.

Schedule a viewing today and see why this is the perfect investment opportunity!

Contact Me for more details and to arrange a tour!

Property details

  • Listing number T4815481
  • Property type House
  • Listing date 8 Oct 2024
  • Land size 1 500 m²
  • Floor size 330 m²
  • Rates and taxes R 1 400

Property features

  • Bedrooms 7
  • Bathrooms 6.5
  • Lounges 4
  • Garage parking 2
  • Covered parking 6
  • Flatlets

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