• 12
  • 6
  • 495 m2

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Property description

AMAZING INVESTMENT PROPERTY | MIXED USE MULTI TENANT | PREPAID ELECTRICITY AND WATER | TWELVE ROOMS AND ONE FACTORY | WELL MANAGED AND RUN | RENTAL PER MONTH R36 500

Why to Buy?

- Twelve well sized bedrooms
- One 153m2 factory | warehouse | shop for rent as well
- Fitted kitchenettes in some units
- Two communal bathrooms plus four private bathrooms
- Private 495m2 stand with a high wall and good security
- Parking for three cars
- Prepaid water and electricity
- Well run multi tenant property with caretaker

Currently used as a rental property - multi tenanted.

Discover an exceptional investment opportunity in the vibrant neighbourhood of Malvern. This property strategically located close to schools, the CBD, shopping malls, major traffic routes, taxis and bus stops offers unparalleled convenience for both tenants and investors alike.

- Rental Potential: This spacious home has been cleverly converted into a rental property boasting twelve well-sized rooms in total. BONUS – there is also a153me shop, factory or warehouse for rental on top of the 12 rooms!

- Communal Facilities: Residents benefit from two communal bathrooms equipped with showers and toilets ensuring comfort and convenience for all occupants. All
water is on a prepaid basis. Four units enjoy their own private bathroom.

- Outdoor Amenities: Outside the property features parking spaces for cars. The entire property is fully walled ensuring privacy and security for residents.

With a monthly rental income of approximately R36 500 this property presents a lucrative opportunity for investors seeking consistent returns. Situated on a
495m2 stand the property offers significant potential for capital appreciation in the thriving Malvern area.

Seize the opportunity to become the proud owner of this lucrative investment property. With its prime location, practical amenities and impressive rental income this property is sure to attract discerning investors looking to maximize their returns.

Contact us today to arrange a viewing and secure your investment in this exceptional property!

Property Details

  • 12 Bedrooms
  • 6 Bathrooms

Property Features

  • Storage
  • Wheelchair Friendly
  • Access Gate
  • Kitchen
  • Paving
  • Prepaid Water and Electricity
  • Twelve Rooms plus Workshop | Warehouse
  • Well Managed, Well Run - Earning Potential R36 500