R 1 375 000 | 8.0 bed property for sale in northdale

High-Yield Multi-Unit Investment ?Unlock immediate cash flow with this high-density residential portfolio in Northdale. Perfectly positioned on a spacious corner plot, this property offers dual-access convenience and is situated in a high-demand rental pocket. Located less than 1km from Debi Place and seconds from the Bombay Road taxi routes, this is a prime location for tenants prioritizing proximity to schools, sporting grounds, and the CBD. ?The Portfolio Breakdown ?The property consists of 5 self-contained units, currently generating a proximity Monthly Income of R20,700: ?Unit 1: 2 Bedrooms, Lounge, 2 Bathrooms ?Unit 2: 2 Bedrooms, Lounge, Kitchen, 1 Bathroom ?Unit 3: 1 Bedroom, Lounge, Kitchen, Bathroom ?Unit 4: 2 Bedrooms, Kitchen, Bathroom ?Unit 5: 1 Bedroom, Kitchen, Bathroom ?Financial Highlights ?Gross Income: R20,700 pm ?Operating Expenses: R3,200 pm (Includes water, rates, and services) ?Current Net Profit proximity: R17,500 pm ?Utilities: All units fitted with Prepaid Electricity (Water included in rental). ?Value-Add Opportunity ?While currently profitable, these units require some TLC. This presents a massive opportunity for the savvy investor to renovate, modernize, and significantly increase the rental yield beyond the current R20k mark. ?VIEWING REQUIREMENTS: To ensure a professional transaction, physical viewings will be strictly reserved for qualified buyers. Please provide pre-approval documentation or bank-guaranteed verification of funds upon enquiry. ?Don’t miss out on this "set-and-forget" income generator. Make the call.....