10 Bed House in Maitland

Exclusive Mandate | Bond and Finance assistance available*

Discover a prime investment prospect in the vibrant area of Maitland! | Welcoming offers from R 2,195,000

This 8 Bedroom property, situated in a GR4 zoning district, offers an exceptional chance for astute investors seeking consistent income. Each room is under a separate lease agreement, generating a reliable monthly income of approximately R 4,000 - R 5,000 per room. The propertys thoughtful layout ensures tenant privacy and independence, making it highly attractive to Investors. Additional features include three fully equipped kitchens and four bathrooms, which significantly enhance the living experience for residents.

Financials:

Current rental income = R36 500 (+/- 8.1% yield)

Area average capital growth = +/- 6% per annum

Total ROI = +/- 16.6% per annum (gross)

Property Features:

Well-Designed Layout: The property includes private rooms with separate lease agreements, multiple kitchens, and ample bathroom facilities.

Enhanced Living Experience: The provision of three kitchens and four bathrooms ensures that the property meets diverse needs and supports a sense of community among tenants.

GR4 Zoning: Provides flexibility for potential future development and expansion.

Investment Benefits:

Reliable Income: The propertys stable rental income offers a dependable revenue stream.

High Tenant Satisfaction: The thoughtful amenities and layout contribute to tenant comfort and satisfaction, making it an appealing rental choice.

Strategic Location: Positioned in a GR4 zone, the property is ideally located for future growth and development.

This property is an excellent opportunity for those looking to broaden their real estate portfolio. With a strong rental yield and the potential for future value appreciation, it presents a smart investment choice. Whether you''re an experienced investor or new to the market, this property promises substantial returns and a secure investment.

Additional Details:

Rates: To Be Confirmed

Lease Agreements: All current agreements are in place.

Dont miss this chance to enhance your investment portfolio with this outstanding property.

Important!!

Elevate your property purchase or sale by unlocking more value through our exclusive Shared Value Brokering Program, ''Elevate.''

Buyers and sellers can benefit from up to a 75% discount* on professional fees associated with a sale, as well as preferential rates on a variety of other property-related services connected to the transaction.

Bond Approval and Assistance available*

Take the next step towards realising your investment aspirations. Contact us today to schedule a viewing and explore the possibilities awaiting at this remarkable property.