9 Bed House in Balfour
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