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7 Bedroom House For Sale in Witfield

R2,295,000


Monthly Bond Repayment R24,474.56
Calculated over 20 years at 11.5% with no deposit.

Web Ref No JRL23734

Investors Dream: Prime 7-Bedroom Multi-Unit Property

Discover exceptional income potential with this well-structured 7-bedroom property, featuring four one-bedroom units and a spacious three-bedroom home, complete with a double automated garage for easy access. One of the units is equipped with solar power and a gas stove, enhancing its appeal. The expansive lot offers ample parking, with six covered spaces, making this investment a remarkable opportunity for immediate cash flow and long-term appreciation.
Key Features:
• Versatile Unit Configuration: Four comfortable one-bedroom units with pre-paid electricity, ideal for singles or couples, alongside a generous three-bedroom home suitable for families or group rentals.
• Proven Rental Performance: Boasting consistently high occupancy rates and attractive rental income, this property is a turn-key investment.
• Prime Location: Conveniently located near public transport, highways, shopping centers, and dining options, ensuring high tenant demand.
• Low Maintenance: The facebrick exterior and tiled roof reduce upkeep costs.
• Flexible Living Options: The three-bedroom unit can be owner-occupied while generating rental income from the other units.
Financial Insights:
• Strong ROI: Benefit from robust rental yields in a thriving market.
• Value-Add Opportunities: Potential for rental increases through strategic upgrades or added amenities.
Don't miss this chance to enhance your portfolio with a property that offers both cash flow and growth. Schedule a viewing today to explore this ideal investment opportunity!
Contact me for more details and to arrange a tour!

Features

Bedrooms 7
Bathrooms 6
Recep. Rooms 8
Dom. Accom. 1
Study 1
Floor Size 700m²
Garages 2
Land Size 1,500m²
Carports/Parkings 5
Monthly Rates R1,400.00

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