8 Bedroom House in Oatlands North
Discover Makhandas Own South Fork!
Who remembers the iconic TV show Dallas and the legendary South Fork Ranch? Now imagine your own version of it, right here in Makhanda, at 3 Spring Street!
This expansive property is a true gem, offering a sprawling complex on a generous piece of land. With multiple income-generating units, its a golden opportunity for any savvy investor.
Main House: Already generating a solid R10,500 per month.
Five Flats: Bringing in an impressive R18,215 per month.
Total Potential Rental Income: Over R287,000 per annum!
At the asking price of R1.495 million, thats a remarkable 13.44% return on investmentpractically unheard of!
The best part? This isnt just another student rental opportunity. With 100% occupancy from 1 February, its ready to generate returns from day one.
If youre searching for a high-performing buy-to-let property that stands out from the crowd, this is it. Dont miss out on this incredible chance to grow your portfolio.
Call me today for a private tour, or click below to learn more and take the first step toward securing your next big investment!
Property details
- Listing number T4947487
- Property type House
- Listing date 4 Feb 2025
- Rates and taxes R 16 313
Property features
- Bedrooms 8
- Bathrooms 6
- Garage parking 1
- Kitchen