R 6 975 000 | 11 bed property for sale in northdene

Property Description

LOCATION: Main arterial road, Malvern/Northdene boundary, with easy freeway access PROPERTY FEATURES: - 6 residential units 1 office space - Combined rental income: R51,000/month - Modern finishes, fully fitted - Amenities: - Communal pool - Tranquil garden for pets and children - Prepaid electricity and water BREAKDOWN OF UNITS: 1. Office space: R8,000/month 2. 3-bedroom house: R11,000/month 3. Studio apartment (1 bed): R5,000/month 4. 3-bedroom house with double garage: R12,000/month 5. 2 x 2-bedroom units: R7,500/month each BONUSES: - 1000sqm vacant site for additional development (infill structure in place) - Potential for 4 more units - Water and electrical infrastructure already installed PRIME LOCATION: - High demand area - Easy access to freeways and public transport - Close proximity to amenities and schools INVESTMENT OPPORTUNITY: - Strong rental income - Potential for capital appreciation - Development opportunities Prime property in Prime location. Don't wait Call now for an exclusive viewing!


Property Details

Purchase Price R 6 975 000

Type of PropertyHouse

Last Updated18 Nov 2024

Rooms

Bedrooms11

Bathrooms2

External Features

Garages2

Property Location

Similar Property in nearby suburbs

Agent

Jean Reddy

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