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Newlands West, Newlands West, Newlands, KwaZulu-Natal
R 1 695 000
Income-Generating Property with 4 Separate Units A Smart Investment OpportunityJazmax Estate Agents is proud to present this exceptional investment property situated in Newlands West. Consisting of two buildings with a total of four well-designed units, this property is perfectly suited for investors looking for strong and reliable rental returns.A standout feature of this investment is its impressive income-generating potential. With a combined rental income of approximately R20 000 per month, the current returns are sufficient to cover the average monthly bond repayment and other property expenses, making this a rare pay-for-itself property opportunity.Unit 1:Lounge, kitchen, 3 Bedrooms, general bathroom, guest toiletUnit 2:Lounge, kitchen, 3 Bedrooms, general bathroom, guest toiletUnit 3:Lounge, kitchen, 2 Bedrooms, general bathroomUnit 4:Open plan lounge & kitchen, 2 Bedrooms, general bathroom, guest toiletDont miss out on this unique opportunitycontact Jazmax Estate Agents today to arrange a viewing or request more information Show more Show less
Estimated monthly repayment
R 16 006
on a R 1 525 500 bond over 20 years at 11.25%
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Newlands West, Newlands West, Newlands, KwaZulu-Natal
Listed by
Lerato Khoza
Unclaimed listing — claim it to verify
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