R 1 395 000
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8 Bedroom House in Oatlands North

8 6 1

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

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