- 7
- 4
- 3
- 240 m2
- 629 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1250.00
Monthly Levy: ZAR 0.00
Property description
If you are a property investor, look no further. This house is priced to go and offers a solid return on investment from day 1 of R24 000pm.
The building consists of 2 x two bedroom flats as well as 2 x 1 bedroom flats all of which are fully tenanted. There are also room to build two more flats which can be let to further increase the rental income to at least R32 000pm.
The property is well maintained and the entire outside including the roof has been painted less than 2 years ago. The inside of each unit is in good condition as well offering build in cupboards, nice looking bathrooms and tiles throughout.
Note that each flat has its own electricity prepaid meter installed and the water consumption are split between all 4 units.
There is a double garage with its own DB board which can be turned into a 1 bed flat which is part of the main house. Then there is also a single garage with a separate room which can also be converted into a flat giving you a total of 6 flats.
The house is situated in a very popular area in SALDANHA less than 500m walking distance from the beach.
The entire property is fenced right around.
Property Details
- 7 Bedrooms
- 4 Bathrooms
- 3 Garages
- 1 Ensuite
- 4 Lounges
- 1 Dining Area
Property Features
- Pets Allowed
- Scenic View
- Paving
- Garden
| Bedrooms | 7 |
| Bathrooms | 4 |
| Garages | 3 |
| Floor Area | 240 m2 |
| Erf Size | 629 m2 |
