R 1 249 900
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4 Bed House in Maitland

4 3 2 152 m² 104

A fantastic investment property, ideal for starting your property investment portfolio. The property consists of three independent units. This investment generates income of about R16800 per month, which will fully cover a monthly finance repayment. So the property essentially pays for itself, you simply just take ownership, and over time you can sell it and receive a cash payout. Or use it as refinance leverage for your next property investment. This is sold directly by the owner. No agents involved. Please reach out if you need any further info.

Unit 1:

Kitchen, bedroom, bathroom

Prepaid electric submeter

Previously rented out at R5000

Unit 2:

Kitchen, 2 Bedrooms, bathroom

Current rent: R6800

Prepaid electric submeter

Unit 3:

Kitchen, bedroom, bathroom

Current rent: R5000

Property details

  • Listing number Z47873
  • Property type House
  • Erf size 152 m²
  • Floor size 104 m²
  • Rates and taxes R 600

Property features

  • Bedrooms 4
  • Bathrooms 3
  • Dining Areas 3
  • Open Parkings 2

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