Small complex of flatlets for the young investor!
Looking to own your own little complex with a good and stable income? Seek no more, the property has been transformed into 7 individual flatlets, each with their own separate character and pre-paid electrical meters already installed. Current rental income generated is just over R22 000 per month.
Each unit has its own kitchenet, bathroom, living space and one shade net parking.
A communal area has been created for washing machines, should the tenant not want to keep it within the unit.
The pool area has been filled up, leaving potential space for and additional unit or two, thus leaving the potential for increasing investment.
Property has also been rezoned to Residential 2, complying with local Municipal bylaws.
Property is enclosed on all sides, pre-cast walling on three sides and palisade fencing with sliding gate at the front.