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R2,680,000

2 bedroom house for sale in Mid Town

2 Beds
1 Bath
1 Garage
388m²
1,045m²
Pets Allowed
Prime Investment Opportunity! 5-unit Complex For Sale!

Do not miss the opportunity to own this well- maintained 5-unit income-producing property! The property is in the ideal location, close to all amenities.

Featuring a strong rental potential, with a solid occupancy history. The complex is ideal for an investor seeking a passive income.

This turnkey investment with existing tenants, is a low maintenance complex an ideal for such an opportunity.

Entering the electric gate to the property, you have the completely paved driveway. On the left-hand side, you have the main house. The main house is spacious and has a lounge, dining room, kitchen with a scullery and two bedrooms. It also has its own lock up garage, with a courtyard.

Then we have the other four units at the back. Unit one, also has a lock up garage and courtyard. This unit features two bedrooms, lounge, dining room kitchen and bathroom. There is an extra room that could be turned into a tv lounge or a third bedroom.

Unit 2-4 has two bedrooms a kitchen (fitted with built in cupboards and stove), lounge and bathroom. It has its own little garden with a courtyard. Units 2-4 has carports.

Each unit is fitted with its own prepaid meter for electricity and water. All the units have burglar bars and safety gates. The complex has electric fencing. The main house has a zinc roof, while the other four units has tiled roof. This complex has endless details and is just a must see for yourself to comprehend the endless opportunity.

No Body Corporate and no Levies.

Contact us for any further financial information and to book a viewing.

Property Type
House
Bedrooms
2
Bathrooms
1
Stand Size
1,045m²
Building Size
388m²
Garages
1
Pets Allowed
Yes
Available From
13 Feb 2025
Reference
2360415
Estimated monthly costs
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R27,662
Home loan repayment
R27,662
Utilities
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Property history
Listed for sale at R2,680,000
13 Feb 2025
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