7 Bedroom House for sale in Flamingo Heights

A multi-tenanted property is a single property or building that is occupied by multiple independent tenants, each leasing their own separate space from the same Owner or Landlord. Lower income risk because rent comes from multiple tenants rather than a single occupant. Greater flexibility without losing all rental income. This multi tented multilevel property, consists of four separate units. Each unit has its own pre-paired Water and Electricity meters. In total the property consists of seven bedrooms with bathrooms in each unit, privacy is achieved by Independent Entrances to each unit. The property currently generates a rental income of over R16,000 per month. Given the strong rental demand in the area, there is potential to increase this income through optimized occupancy and rental rates.