Situated in the bustling heart of Marlands, this income-generating property presents a lucrative opportunity. Comprising six self-contained units, each equipped with two bedrooms, a kitchen, bathroom, and lounge, the property boasts a strategic design for both privacy and convenience.
Four of the units are currently occupied by long-standing tenants, generating consistent rental income ranging from approximately R5500.00 to R6500.00, dependent on unit size. The well-defined separation of gardens by walls adds an extra layer of privacy to each unit.
Furthermore, the property ensures security with high walls encompassing the entire premises. Access is granted through automated gates, providing a secure entry point to the yard. Additionally, each unit is equipped with security gates at its entrance, enhancing overall safety.
Two covered parking spaces accompany each unit, offering convenience and protection for residents' vehicles. Beyond the property's confines, Marlands is known for its tranquil and clean community atmosphere, coupled with easy access to the N12 Highway, making this investment both practical and promising.
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
