Umhlatuzana`` s most attractive income generator at an impressive price point!
The newly built home has multiple units ranging from studio units to 3 bedroom units all on a 5061 m2 property.
This would ideally suit a large family looking for homes to accommodate 5 separate families, or one can occupy one unit and rent out the remaining units.
The income potential is R20 000.00 per month for this entire property. Bond repayment is R 12 824 Providing a great income. Imagine getting your bond paid and having an extra income with just the rental potential. The property is newly renovated, making each unit brand new. The 5 separate dwellings all have prepaid electricity (3 phase) and prepaid water units making rental a breeze.
The home is located below road level, the recent floods have not affected this property due to proper drainage!
The generous property has 4000 m2 vacant land which is not DMOSS, which means greater potential to expand and more income to be made. Additionally there is a water pipe at the front of the dwelling offering fresh spring water for owners use.
Inside
8 Bedrooms
5 Bathrooms
Kitchen
Dining room
Living Areas
Amenities
Easy access to main road access
Close to sought after schools
2 Large shopping centres in area
Don’t delay , make that extra income today! Call Lee D to book your viewing today!!
