11 Bed House in Northdene
INVESTOR''S DREAM: MULTIPLE DWELLINGS WITH HIGH RENTAL INCOME
LOCATION: Main arterial road, Malvern/Northdene boundary, with easy freeway access
PROPERTY FEATURES:
- 6 residential units + 1 office space
- Combined rental income: R51,000/month
- Modern finishes, fully fitted
- Amenities:
- Communal pool
- Tranquil garden for pets and children
- Prepaid electricity and water
BREAKDOWN OF UNITS:
1. Office space: R8,000/month
2. 3-bedroom house: R11,000/month
3. Studio apartment (1 bed): R5,000/month
4. 3-bedroom house with double garage: R12,000/month
5. 2 x 2-bedroom units: R7,500/month each
BONUSES:
- 1000sqm vacant site for additional development (infill structure in place)
- Potential for 4 more units
- Water and electrical infrastructure already installed
PRIME LOCATION:
- High demand area
- Easy access to freeways and public transport
- Close proximity to amenities and schools
INVESTMENT OPPORTUNITY:
- Strong rental income
- Potential for capital appreciation
- Development opportunities
Prime property in Prime location. Don''t wait Call now for an exclusive viewing!
Property details
- Listing number T4867238
- Property type House
- Listing date 14 Nov 2024
- Land size 2.8 ha
- Rates and taxes R 1 500
Property features
- Bedrooms 11
- Bathrooms 2
- Garage parking 2