Large investment property offering multiple tenanted units with income!

Description

Discover a standout investment opportunity in Amalinda, East London—perfectly suited for a VAT-registered buyer looking to maximise returns. This well-positioned, income-generating property offers a diverse mix of residential units designed to appeal to a wide tenant base, ensuring consistent occupancy and strong rental yield. At the heart of the property lies a spacious double-storey main house, complemented by three additional residential units located directly behind it. Expanding the income potential even further, there are two separate residential blocks positioned at the rear: one block on the right comprising eight units (four upstairs and four downstairs), and another on the left offering four units (two upstairs and two downstairs). Altogether, this multi-unit setup provides excellent scalability and flexibility for investors. The units vary in size and layout, ranging from comfortable two-bedroom, one-bathroom options to larger three-bedroom, two-bathroom homes—ideal for accommodating different tenant needs, from small families to working professionals. Security and accessibility are key highlights of the property. It is fully enclosed by high boundary walls topped with barbed wire, offering peace of mind for both owner and tenants. Access is controlled via a pedestrian gate and two remote-controlled vehicle entrances. The property also features paved driveways leading to the various units, a double carport, and an impressive 13 open parking bays to comfortably accommodate residents and visitors. This is a rare opportunity to acquire a well-structured, high-density rental property in a sought-after area. Don’t miss out—schedule a viewing today and explore the full potential this exceptional investment has to offer.

Features

Satellite Dish

Yes

Smoking Allowed

Yes

Family / TV Room

Yes

Access Gate

Yes

Fence

Yes

Paveway

Yes