R 1 040 000
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9 Bed House in Balfour

9 8 2 855 m² 610 m²

2 bedroom house, plus 7 Separate flats plus garage. Great business rental opportunity. BARGAIN Price

Business opportunity to own and rent out 7 separate flatlets each offering one bedroom, kitchen and bathroom to supplement income. Each flat secures an income of R1,800 each per month. The stand alone house offers 2 double bedrooms with an enclosed veranda, a Kitchen with separate laundry and separate lounge with a bathroom offering bath, basin and toilet. The garage is separate with a room and outside toilet. This could also be rented out. All this on a very nice large corner stand of 2855 square meters. If one rents all the units plus the house it attracts a very lucrative amount of R18,000 per month. Also great for collective family living. Offers endless opportunity. View and make an offer.

Situated in a nice quiet area yet close to all amenities. This property has huge potential for additional income and allows for additional business opportunity with live in opportunity. Call for a discussion and viewing.

Property details

  • Listing number T4696373
  • Property type House
  • Erf size 2 855 m²
  • Floor size 610 m²
  • Rates and taxes R 576

Property features

  • Bedrooms 9
  • Bathrooms 8
  • Lounges 1
  • Dining Areas 1
  • Garages 1
  • Flatlets
  • Pet Friendly
  • Security Post
  • Staff Quarters
  • Study

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