High-Yield Multi-Unit Gem | Immediate Rental Income in Place!

Description

Maximize your portfolio's potential with this exceptional multi-unit residential property, expertly optimized to deliver an impressive estimated rental income of R13,000.00 per month. Fully equipped with long-term, existing tenants already in place, this seamless investment offers immediate cash flow from day one without the stress of initial vacancies. Thoughtfully developed to yield maximum returns, the site features four recently renovated rental units, offering an ideal mix of layouts to attract high tenant demand and maintain consistently low vacancy rates. ​The main dwelling boasts a spacious 4-bedroom, 2.5-bathroom home (complete with a private en-suite master), a fluid lounge and dining area, a functional kitchen, and an incredible built-in braai area perfect for entertaining. Complementing the main home are three distinct income-generating flatlets: a comfortable 2-bedroom unit with its own private carport (Owner to complete repairs), a cozy 1.5-bedroom unit with a functional kitchenette, and a sleek bachelor-style unit with an en-suite bathroom. Whether you're looking to grow your existing real estate portfolio or secure a robust income stream with zero downtime, this rare turn-key property stands head and shoulders above the competition—act fast before it’s snapped up! While every effort will be made to ensure that the information herein contained is accurate and up to date, Seeff Newcastle makes no warranty, representation or undertaking, whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness or usefulness of any information. Prospective purchasers should make their own enquiries to verify the information contained herein.

Features

Conventional

Yes

Suburban

Yes

Built in Wardrobes

Yes

Curtain Rails

Yes

Oven & Hob

Yes

Under Counter Oven

Yes

Tiled Floors

Yes

Bath, Toilet and Basin

Yes

Shower, Toilet and Basin

Yes

Burglar Bars

Yes

Built In Braai

Yes

Security Gate

Yes

Electric Gate

Yes

Paveway

Yes

Walk In Closet

Yes