Discover an exceptional investment opportunity with this well-maintained multi-family property, perfectly situated in a sought-after community. This meticulously cared-for property comprises 11 spacious and modern apartments, offering a robust rental income stream with significant potential for long-term growth.
Key Features:
Rental Income: Currently generating R38,000 per month, equating to an impressive annual rental income of R456,000.
Condition: The property has been recently repainted and is in excellent condition, ensuring minimal immediate maintenance costs and attracting high-quality tenants.
Tenant Quality: Enjoy the stability of a reliable tenant base, providing steady cash flow and reduced vacancy risk.
Location: Nestled in a well-regarded community known for its appealing amenities and strong rental demand, enhancing both tenant satisfaction and property value.
Strong Return on Investment (ROI): With a solid rental income and a well-maintained property, this investment promises a favorable return on investment and potential for future appreciation.
Turnkey Asset: This property is ready for immediate income generation, making it a hassle-free addition to any investment portfolio.
The desirable location ensures ongoing demand, supporting sustained rental income and potential for value increases.
Whether you're a seasoned investor or looking to expand your real estate holdings, this property offers a compelling opportunity with its solid rental income, excellent condition, and prime location. Don’t miss out on the chance to invest in this thriving community with high returns and long-term potential.