Unlock High-Yield Potential in Metcalf, Tongaat: A Prime Investment Opportunity
Attention Savvy Investors! Secure a lucrative income stream with this exceptional multi-unit property in the burgeoning Metcalf area of Tongaat.
This well-maintained complex offers a compelling investment proposition with immediate rental returns and strong future growth potential.
Key Investment Highlights:
* Consistent Income Generation: The property boasts six fully tenanted 2-bedroom apartments, each generating a reliable rental income of R5500 per month. This translates to a substantial and consistent revenue stream for the discerning investor.
* Versatile Rental Appeal: The popular 2-bedroom configuration, complete with built-in wardrobes, spacious living areas, and well-appointed bathrooms (bathtub, basin, and toilet), attracts a wide pool of reliable tenants.
* Additional Income Stream: A separate 1-bedroom apartment with its own kitchen and en-suite (shower, basin, and toilet) provides further income-generating potential.
* Low Maintenance Features: Built-in cupboards throughout the units minimize the need for additional tenant installations, reducing management overhead.
* Established Infrastructure: Benefit from a paved driveway and spacious yard, offering practical and appealing features for tenants.
* Strategic Location: Metcalf in Tongaat is experiencing growth, offering access to local amenities and transport links, ensuring consistent tenant demand. While specific immediate amenities around the exact address require further local research, the broader Tongaat area provides essential services.
While primarily targeting investors, this property also holds appeal for:
* Extended Families: The multi-unit structure offers the potential for multi-generational living with separate, self-contained units.
* Retirees (with an investment mindset): Generate passive income while residing in one of the units, offering both financial security and a comfortable lifestyle.
* Professionals (seeking investment): Diversify your portfolio with a tangible asset that provides immediate and ongoing returns.
Don't miss this opportunity to acquire a high-performing investment property in a developing area.
Capitalize on the existing rental income and secure your financial future.
Enquire today for a detailed financial breakdown and to arrange a viewing.
