Property description
This property is an investor's dream, featuring five two-bedroom units with kitchenettes, bathrooms, and lounges. It is located in Panorama, a desirable area that offers convenient access to all major amenities, including hospitals.
Each unit is designed to provide comfortable living spaces with two bedrooms, allowing for flexibility in accommodating tenants or residents. The kitchenettes offer convenience for all your cooking needs, while the bathrooms provide essential facilities. The lounge areas provide an open space for relaxation and entertainment.
One of the notable features of this property is its ample parking space for five cars. This is a valuable asset, ensuring that residents or tenants have dedicated parking spots for their vehicles. Additionally, there is an additional room for storage, providing a practical solution for keeping belongings or equipment in a secure and organized manner.
Investing in this property offers the opportunity to generate rental income from multiple units, making it an attractive prospect for investors. The convenient location near major amenities and hospitals further adds to its appeal, potentially attracting a wide range of tenants or residents.
Overall, this property offers a promising investment opportunity with its five two-bedroom units, kitchenettes, bathrooms, lounges, ample parking, and additional storage room. Currently, fully let, it provides an income from day one.
Sean Verdon and Tonja Ellman are representatives of Real Estate Power CC, T/A RE/MAX PREMIER, an Independently Owned and Operated franchise of RE/MAX SA.
- Flatlet
- Staff Accommodation
- Uncovered Parking
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
