$40,618

Seize this great investment opportunity!

This home has been sectioned off into a total of 5 separate flats. Currently earning an income of approximately R 9 500 per month and potential to earn more.

Each units has its own pre paid meter installed.

Flat 1 consists of a bathroom with a toilet and shower. Open plan lounge and kitchen area and separate bedroom.

Flat 2 has a large bedroom with an en suite bathroom with a toilet, basin and bath. A separate kitchenette and pantry cupboard.

Flat 3 consists of a separate kitchen, bathroom with toilet, basin and bath and a separate bedroom.

Flat 4 consists of an open plan lounge and kitchen area, a bedroom with an ensuite with toilet, basin and shower.

Flat 5 has an open plan lounge and kitchen area, 2 bedrooms and a bathroom with toilet, bath and basin.

There is a single garage and opportunity to add in carports or off street parking for tenants. The single garage can be utilized as storage space or for a tenants vehicle.

With some TLC this property is well worth the cost input for a great monthly amd annual return on investment.

Do not miss out on this rare opportunity.

Amenities

• Bedrooms: 6
• Full Bathrooms: 5
• Partial Bathrooms: 0
• Property Type: Single Family
• Home size: 12,012 ft² / 1,115.94 m²
• MLS: CEBC-1524
• Web ID: VRDRMH
• Status: Under Contract

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