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Shallcross, Shallcross, Chatsworth, KwaZulu-Natal
R 1 790 000
Exceptional 7-Bedroom Investment Property for Sale in Shallcross – R24,000 POTENTIAL Monthly Rental Income This impressive 7-bedroom house in Shallcross presents a prime investment opportunity, offering immediate rental income and long-term value. Thoughtfully divided into three self-contained units, the property is currently generating a combined rental income of R24,000 per month, making it ideal for investors seeking solid returns in a high-demand area. Each unit has been individually metered with prepaid electricity, allowing tenants to manage their own utility usage and minimizing the landlord's administrative burden. This setup ensures efficient energy management while providing transparency and convenience for tenants — a sought-after feature in today’s rental market. All three sections of the property are fully equipped with modern fitted kitchens and neatly tiled bathrooms, offering functionality and comfort. The bedrooms feature built-in cupboards, providing ample storage and helping maintain a neat, organized space. Whether occupied by individuals, couples, or small families, each unit delivers independent living with a homely feel. The property is securely enclosed and offers ample parking space, accommodating several vehicles with ease. Remote-controlled access gates add an extra layer of security and convenience, giving both owners and tenants peace of mind. The tarred driveway and low-maintenance yard enhance the overall appeal while reducing upkeep costs. Located in the heart of Shallcross, the property benefits from proximity to all essential amenities. It is close to reputable schools, public transport routes, shopping centres, and healthcare facilities, making it highly attractive to tenants. The suburb is well-established, offering a stable and safe environment that supports ongoing rental demand. Whether you’re a seasoned investor or exploring your first rental property, this home ticks all the right boxes. With its secure design, multiple income streams, and strategic location, it represents a rare opportunity to own a fully tenanted property with a strong and consistent monthly income. Key Features: 7 Bedrooms total, across 3 self-contained units All units with fitted kitchens and built-in cupboards Each unit has its own prepaid electricity meter Monthly rental income: R24,000 Remote-controlled access and secure parking Situated in a prime location in Shallcross Don't miss out on this ready-made investment – contact us today to arrange a viewing and secure your next income-generating asset. Call or watsapp me today for an exclusive viewing!!!
Estimated monthly repayment
R 16 904
on a R 1 611 000 bond over 20 years at 11.25%
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Shallcross, Shallcross, Chatsworth, KwaZulu-Natal
Listed by
Pieter Le Roux
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