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Mthatha, Mthatha, Mthatha, Eastern Cape
R 3 850 000
An exceptional investment opportunity offering multiple income generating units on a spacious and secure property. This unique property consists of a main house and five ensuite guestrooms, making it ideal for investors or extended family living. An additional two outside staff quarters for live in employees or guests. The property is fully enclosed with boundary walls and features an automated entrance gate with a ring bell/intercom system, providing security and convenience for residents and visitors alike. The yard offers ample parking space and is partially paved, allowing for easy vehicle access and low-maintenance outdoor areas. Units 1, 2, and 3 each feature a comfortable one -bedroom layout with built in cupboards, bathrooms fitted with showers, beautiful wooden flooring, and charming wooden ceilings that create a warm and inviting atmosphere. Units 4 and 5 each offer one bedroom, a kitchen fitted with built-in cupboards, and a bathroom with a shower, providing practical and comfortable accommodation for tenants. The main house boasts a functional kitchen with built-in cupboards, a spacious dining area, and two separate toilets, offering convenience for everyday living. Adding to the property's appeal is a dedicated entertainment area complete with a swimming pool and fireplace, creating the perfect setting for relaxation and social gatherings. An outside laundry area further enhances the practicality of the property. With multiple rental units, excellent security features, generous parking, and attractive entertainment facilities, this property presents a fantastic opportunity to generate rental income while enjoying comfortable living and excellent amenities.
Estimated monthly repayment
R 36 357
on a R 3 465 000 bond over 20 years at 11.25%
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Mthatha, Mthatha, Mthatha, Eastern Cape
Listed by
Zuki Nonkula
EC Deep Properties
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