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.
Don’t miss this opportunity to invest in a property that promises both immediate returns and long-term growth.
