4 Bed House in Mandalay
Investment Opportunity in Mandalay, Mitchells Plain
Discover this lucrative investment opportunity in Mandalay, Mitchells Plain! This spacious property offers a three-bedroom main house with additional rental units, perfect for generating income.
Main House: Three bedrooms including an en-suite master bedroom with built-in cupboards.
Kitchen: Fully fitted with an extractor fan, oven, and stove.
Living Areas: Lounge, dinette, and TV room with down lights and blinds.
Bathrooms: Family bathroom tiled throughout.
Parking: Garage with ample space for multiple cars.
Security: Burglar bars, security gates, and fully enclosed for peace of mind.
Fibre Ready - wifi installation
Rental Units: Five separate entrances:
Two units with two bedrooms each, featuring showers and toilets.
Three units with one bedroom each, also with showers and toilets.
Automated Gate: Remote-controlled for convenience.
Borehole System: Ensuring reliable water supply.
Rental Income: Currently generating R15,000 per month.
Convenience: Close to schools, shopping malls, and public transport.
Dont miss out on this excellent investment opportunity! Contact us today to arrange a viewing and secure your future income.
Property details
- Listing number T4704838
- Property type House
- Listing date 10 Jul 2024
- Land size 579 m²
- Floor size 90 m²
- Rates and taxes R 300
Property features
- Bedrooms 4
- Bathrooms 2
- Lounges 1
- Dining areas 1
- Garage parking 1
- Covered parking 4
- Flatlets
- Pet friendly
- Alarm
- Security post