9 Bedroom Freehold For Sale in Sydenham

Description

An excellent Investment property offering strong rental income and long-term growth potential. This freehold property comprises 5 individual rental units, each with its own separate water meter and prepaid electricity, making it easy to manage and highly attractive for tenants. Key Features: - 5 self-contained rental units with strong, consistent income - Plenty of on-site parking for tenants and visitors - space for 20 plus cars including carports and a garage - Hassle-free utility management with separate water meters and prepaid electricity - Low-maintenance property, perfect for investors - Located in an area with strong rental demand and reliable occupancy Total rental income is R 31 500 (plus tenants pay their own water and electricity) and units are: 2 X 1 bed 1 bath unit 2 X 2 bed 1 bath unit 1 X 3 bed 1 bath unit Whether you are expanding your property portfolio or seeking a secure income-generating asset, this property is tailor-made for investors looking for a reliable return. There are currently excellent tenants in place on a month to month basis and would love to stay.