R 4 900 000
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20 Bed House in Heatherdale AH

20 12 1 ha 1 462 m²

This substantial 10,000 square meter investment property in Heatherdale

Property in Heatherdale offers a lucrative opportunity for savvy investors. The property comprises 12 well-appointed units, generating a significant monthly rental income of R60,000. With ample space to construct additional units, the potential for growth and increased returns is vast.

The property boasts municipal water and a borehole, ensuring a reliable water supply. Modern conveniences like gas stoves and geysers are installed in all units, enhancing the appeal to tenants. Two entrances provide easy access, and existing leases ensure a steady income stream. Surrounded by nearby developments, this property offers a promising investment prospect, poised to deliver a substantial pension income for years to come.

Property details

  • Listing number T4685690
  • Property type House
  • Erf size 1 ha
  • Floor size 1 462 m²
  • Rates and taxes R 1 800

Property features

  • Bedrooms 20
  • Bathrooms 12
  • Lounges 11
  • Dining Areas 1
  • Garages 3
  • Flatlets
  • Pet Friendly
  • Laundry
  • Patio
  • Security Post
  • Staff Quarters
  • Study

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