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7 Baldwin Road, Highgate, East London, Eastern Cape
R 1 963 500
Dual-Income Corner Property – Highgate Situated at 7 Baldwin Road, Highgate, this fully walled corner property offers two separate homes, each with its own entrance, garage, yard and braai area. Both units are currently occupied and generate a combined rental income of R15,000 per month. The main house offers: Four bedrooms with built-in cupboards Two bathrooms Fitted kitchen Large lounge Pub/bar area Single garage Storeroom Private braai area 200-litre solar geyser Current rental income of R9,000 per month The independent 70 m2 flat offers: Two bedrooms with built-in cupboards Two bathrooms Kitchen and lounge Large gas geyser Single garage Private yard and braai area Separate entrance Current rental income of R6,000 per month Recent Upgrades & Maintenance This property has been carefully maintained, leaving very little for the new owner to do: The entire roof has been recently painted. Brand-new fascia boards have been fitted. The interior and exterior of the main house have been freshly painted. An excellent opportunity for an investor seeking immediate rental income, or for an extended family wanting two independent homes on one property. Total rental income: R15,000 per month. Auction details: Viewing by appointment only. This is a voluntary auction, both cash and finance offers are welcome. BID ONLINE, or chat with your agent to place a bid NO REGISTRATION FEE REQUIRED. Auction conditions - All offers are subject to a confirmation period. The rules of the auction and conditions of the sale are available from the agent's offices or online Information is subject to change without notification. Opportunities like this move quickly, Don't miss out !
Estimated monthly repayment
R 18 542
on a R 1 767 150 bond over 20 years at 11.25%
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7 Baldwin Road, Highgate, East London, Eastern Cape
Listed by
Lindiwe Mahlangu
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