R 2 500 000 | 7 bed property for sale in tongaat central

Prime Investment Opportunity in Seatides: Multiple Income Streams R2,500,000 This exceptional investment property in the sought-after Seatides area presents a unique opportunity for savvy investors, families seeking extended living options, or retirees looking for a comfortable and income-generating home. This property features a total of 5 apartments, providing a diverse income stream: * Three 2-bedroom apartments, each generating a rental income of R5,500 per month. * Two 1-bedroom apartments, with rental incomes of R2,900 and R2,500 per month respectively. The property at 5 Hill Road, Metcalf, Tongaat, offers a solid return on investment with the potential for further growth. Property Highlights: * Multiple Income Units: Five apartments in total, ensuring a consistent and diversified rental income. * Spacious Layouts: The 2-bedroom apartments provide ample living space, while the 1-bedroom units offer comfortable and convenient accommodation. * Established Rental Market: Seatides is a desirable location, attracting tenants seeking quality accommodation. * Large Yard: The property is situated on a spacious yard, offering potential for further development or expansion (subject to necessary approvals). Seatides Lifestyle: Seatides offers a relaxed coastal lifestyle with convenient access to amenities. While specific details for 5 Hill Road are limited, the general area offers: * Coastal Living: Enjoy the tranquility of a seaside community. * Proximity to Tongaat: Benefit from the amenities and services available in nearby Tongaat. * Investment Potential: Seatides is a growing area, making this property a sound investment for the future. This property is a must-see for those seeking a high-yield investment opportunity in a desirable location. Contact us today to arrange a viewing.