Description
Presenting a fabulous income-earning home that currently operates as a tenanted property, this residence is divided into four separate units, each generating a steady rental income.
Unit 1 sets the standard with its generous layout featuring three bedrooms, two bathrooms, a dining room, a spacious lounge, and a well-equipped kitchen. This unit commands a monthly rental income of R7000, making it an excellent investment choice.
Unit 2 offers a cozy one-bedroom space, complete with an open plan lounge and kitchen. Generating a rental income of R3200 per month, this unit appeals to individuals or couples seeking a comfortable living environment.
Unit 3 presents a bachelor unit, featuring a shower and a practical layout. With a rental income of R2500 per month, this unit provides an affordable and compact living arrangement for tenants.
Unit 4 mirrors the layout of Unit 1, boasting three bedrooms, two bathrooms, a dining room, a spacious lounge, and a fitted kitchen. This impressive unit commands a rental income of R7000 per month, delivering substantial returns on your investment.
Notably, this property offers the advantage of pre-paid electricity, ensuring convenient management and simplified billing for both landlords and tenants. Water expenses are shared among the units, further streamlining the operational aspects of this income-earning property.
Additionally, this property holds tremendous potential as it can easily be converted back into a single-family home, complete with a flatlet and a garage. This flexibility allows for versatile usage options, accommodating the changing needs and preferences of future owners.
Don't miss this remarkable opportunity to acquire an income-generating property with the potential for conversion into a spacious single-family home with a flatlet and garage. Act now and secure your investment in Caversham Glen, Pinetown.
7
899m2
