R 1 650 000
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4 Bed House in Mandalay

4 2 5 579 m² 90 m²

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

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