POA

4 Bed Apartment in Maitland

4 3 3 118 m²

Multi-Unit Residential Investment

Overview:

Presenting a rare investment opportunity: a block of three well-maintained apartments, each occupied by long-standing tenants. This is the perfect addition to your investment portfolio, offering immediate and consistent rental income.

Key Features:

Three Spacious Apartments: Each unit is thoughtfully designed, offering comfortable living spaces and modern amenities to attract and retain quality tenants.

Long-Standing Tenants: All apartments are currently occupied by tenants with a history of timely payments and long-term leases. This ensures a stable and predictable cash flow from day one.

Well-Maintained Property: The building and apartments have been meticulously maintained, reducing potential maintenance costs and making this a hassle-free investment.

Prime Location: Situated in a desirable neighbourhood with easy access to local amenities, public transportation, and shopping centers, making it attractive to renters.

Turnkey Investment: With all units rented and generating income, this property is a ready-to-go investment with minimal management required.

Financials:

Occupancy Rate: 100%

Lease Terms: Long Term

Individual Pricing:

Royal Maitland 2 - 44m2

R650,000. 1Bed 1bath 1parking

Mountain View Villas - 48m2

R695,000. 2bed 1bath 1parking

Mountain View Villas - 26m2

R550,000 Bachelor 1bath 1parking

Why Invest Here?

This property offers a rare blend of stable rental income and minimal management effort, ideal for investors looking for a reliable, low-risk addition to their portfolio. With long-standing tenants already in place, you can enjoy the benefits of property ownership without the usual hassles of finding and securing tenants.

Dont miss this opportunity to invest in a property that promises both immediate returns and long-term growth.

Property details

  • Listing number T4756563
  • Property type Apartment
  • Floor size 118 m²

Property features

  • Bedrooms 4
  • Bathrooms 3
  • Lounges 3
  • Open Parkings 3
  • Garden
  • Family Tv Room

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