This investment property offers a fantastic opportunity for potential buyers. It consists of 4 units, with 2 bedrooms each in three of the units, and the fourth unit being a bachelor unit with one bedroom. Each unit is designed with comfort and functionality in mind. The kitchen in each unit is equipped with built -in cupboards, providing ample storage space. The bathrooms in each unit feature a shower. The lounges in all units are spacious, offering a comfortable and inviting space for relaxation and entertainment. Whether you're hosting guests or enjoying a quiet evening at home, these lounges provide the perfect setting.
For vehicle owners, the property owners, this property offers 2 garages that can accommodate 2 vehicles each, providing secure parking options. Additionally, there is enough parking space available for another 8 vehicles ensuring convenience for residents and their guests. The property's driveway is tarrred. This feature enhances the overall appeal of the property and provided a smooth and durable surface for vehicles.
As you approach the property, you are greeted by a pictureque front yard with a beautiful garden. This stunning home is perched on a hilltop offering panoramic views of the cityscape.
With reliable tenants already in place, this investment property offers immediate cash flow and a hassle free ownership experience. The stable rental income provided a solid return of investment.
This investment property presents an excellent opportunity for buyers seeking a reliable income stream with minimal effort. With the current tenants who are wanting to continue renting, this property is a smart choice for investors looking for maximize there returns while minimizing their involvement.
Don't miss out on this fantastic investment opportunity!
Pietermaritzburg, the Capital of KwaZulu Natal, is situated in the Msunduzi river valley and is rich with historical attractions, culture and natural countryside beauty. Pietermaritzburg, known as the "City of Flowers" for its beautiful azaleas, roses and stunning purple Jacaranda trees that line the city streets, hosts the annual Spring Open Gardens which attracts visitors worldwide. It is home to the famous Dusi...
More Info
Sign-up and receive Property Email Alerts of Houses for sale in Raisethorpe, Pietermaritzburg.
Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.