R1,870,000

R1,870,000

7 Bedroom House For Sale in Flamingo Heights
7
Bedrooms
4
Bathrooms
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INVESTORS DREAM!!

Web Ref. WRL88497
Land size 397.00 m²
Floor size 300.00 m²
Monthly Bond Repayment
R18,669.70
A multi-tenanted property is a single property or building that is occupied by multiple independent tenants, each leasing their own separate space from the same Owner or Landlord. Lower income risk because rent comes from multiple tenants rather than a single occupant. Greater flexibility without losing all rental income.

This multi tented multilevel property, consists of four separate units. Each unit has its own pre-paired Water and Electricity meters. In total the property consists of seven bedrooms with bathrooms in each unit, privacy is achieved by Independent Entrances to each unit.

The property currently generates a rental income of over R16,000 per month. Given the strong rental demand in the area, there is potential to increase this income through optimized occupancy and rental rates.
Monthly Rates R850

Features

Interior
7 Bedrooms
4 Bathrooms
1 Kitchen
1 Lounge
Exterior
2 Parkings
Pet Friendly
Scenery / Views
Sizes
Land Size 397 m²
Floor Size 300 m²

Disclaimer

While every effort will be made to ensure that the information contained within the Wakefields website is accurate and up to date, Wakefields 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.