11 Bedroom House For Sale in Albertinia

Property description

Located in the peaceful town of Albertinia, this 1487 sq metre property offers an excellent opportunity for long-term investment.

Situated just off the N2, with easy access to major routes, it provides both tranquillity and convenience.

Key features of the property include:
• 6 Tenanted Flats, consisting of 5 2-bedroom flats and 1 1-bedroom flat, generating a steady rental income. 715 sq metre under roof
• Prepaid electricity meters in each flat for tenant control
• Separate entrances for each flat, ensuring privacy
• Patios with built-in braais for outdoor living
• Under cover parking for tenants (80 sq metre)
• Secure automated gate and fencing for added security
• Ample backyard space with potential for future development, such as adding another flat or storage lockers
• Recurring income of R30,000 per month from rental payments

This property is an excellent long-term investment, offering a strong rental income stream with room for growth. Huge demand for long-term renting in Albertinia.

Don’t miss the chance to invest in a well-located property in the heart of Albertinia.

For sale at R3 million