7 Bed House in Witfield
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!
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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