Excellent Investment Opportunity: 10 Sectional Title Units!
This is a fantastic investment opportunity with 10 sectional title units that you can either continue renting out or sell separately.
These spacious two-story units are ideally located in a secure neighborhood, surrounded by lush gardens and friendly neighbors. The area boasts easy access to both primary and high schools. The property is enclosed by palisade fencing and features multiple braai areas, perfect for outdoor entertaining.
Each flat offers a spacious and practical layout designed for modern living. The lower floor features an open-plan lounge and dining room, a well-equipped kitchen with ample built-in cupboards and a stove, and a guest toilet. The area is finished with tile flooring, adding to its durability and easy maintenance. Additionally, there’s a laundry area and a lock-up carport for secure parking.
The second-floor hosts three bedrooms, all carpeted and fitted with built-in cupboards. The main bedroom includes a balcony with a trellidor for added security and is complemented by two ceiling fans, ensuring comfort during warmer months.
Each flat also includes a small porch and a private garden, providing a personal outdoor space for relaxation. The premises boast a large communal garden with a dedicated braai area, perfect for social gatherings. For convenience, there are two toilets for workers and a storeroom for garden tools. The property is well-paved, adding to its neat and low-maintenance appeal.
Currently, each unit is rented out for R6 500, generating a total rental income of R65,000 per month. Demand for these units is high, with tenants eager to secure a spot.
The monthly rent includes garden services, while tenants are responsible for their own pre-paid electricity and municipal water accounts.
Transfer of Shares is applicable.
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Call to arrange your private viewing now!
