Prime Multi-Unit Investment with Approved Expansion Potential
Prime Multi-Unit Investment with Expansion Potential
This well-positioned property presents a fantastic opportunity for investors looking to secure consistent income with room to grow. Set on level land in a busy mixed-use area, it already generates reliable rental returns and comes with approved plans to add six more units—ideal for future development.
The property consists of two well-kept buildings along with two separate flatlets, all fitted with prepaid meters for convenience. With tenants already in place, it offers immediate income. A large courtyard ensures plenty of parking for residents.
Main House
The main house is split into two fully independent sections, each with its own entrance:
Unit 1: Offers 3 bedrooms, 1 bathroom, an open-plan lounge and dining space, plus a generously sized fitted kitchen.
Unit 2: Includes 2 bedrooms, a lounge, dining area, and a fitted kitchen.
Unit 3: Modern 1-bedroom studio featuring a fitted kitchen and secure parking.
Unit 4: Comprises 2 bedrooms, 1 bathroom, a lounge, fitted kitchen, and its own parking bay.
Perfectly located with strong rental income and approved plans for further development, this property is a smart choice for investors seeking long-term growth.
An opportunity worth serious consideration.
Walking distance to Riverside Mosque and Riverside Hotel
Contact me for details and an exclusive viewing
This well-positioned property presents a fantastic opportunity for investors looking to secure consistent income with room to grow. Set on level land in a busy mixed-use area, it already generates reliable rental returns and comes with approved plans to add six more units—ideal for future development.
The property consists of two well-kept buildings along with two separate flatlets, all fitted with prepaid meters for convenience. With tenants already in place, it offers immediate income. A large courtyard ensures plenty of parking for residents.
Main House
The main house is split into two fully independent sections, each with its own entrance:
Unit 1: Offers 3 bedrooms, 1 bathroom, an open-plan lounge and dining space, plus a generously sized fitted kitchen.
Unit 2: Includes 2 bedrooms, a lounge, dining area, and a fitted kitchen.
Unit 3: Modern 1-bedroom studio featuring a fitted kitchen and secure parking.
Unit 4: Comprises 2 bedrooms, 1 bathroom, a lounge, fitted kitchen, and its own parking bay.
Perfectly located with strong rental income and approved plans for further development, this property is a smart choice for investors seeking long-term growth.
An opportunity worth serious consideration.
Walking distance to Riverside Mosque and Riverside Hotel
Contact me for details and an exclusive viewing
Monthly Rates
R3,950
Features
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Legacy Real Estate Group website is accurate and up to date, Legacy Real Estate Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
