4 Bedroom House in Geduld

An excellent opportunity for investors looking to acquire a multi-unit residential property with established rental income and further income-generating potential.

The property comprises 4 apartments, of which 2 are currently occupied, generating a combined rental income of R12,000 per month. The occupied apartments benefit from long-standing tenants who have been residing at the property for an extended period, providing an established rental income stream.

The remaining 2 apartments are currently vacant and require some minor work before they can be let, presenting an opportunity for the new owner to improve the units, secure additional tenants and increase the propertys overall rental income.

Investment Highlights:

4 apartments in total

2 apartments currently occupied

Existing rental income of R12,000 per month

Long-standing tenants in the occupied apartments

2 vacant apartments offering additional income potential

Minor renovation work required on the vacant units

Opportunity to increase rental income and overall returns

An ideal opportunity for investors seeking to grow their property portfolio, unlock additional rental income and add value through relatively minor improvements.

Disclaimer: Some images may have been edited for illustrative purposes. Viewings must be arranged in advance, as the property is multi-tenanted and access to all units cannot be guaranteed.

Disclaimer: Some images may have been edited for illustrative purposes. Viewings must be arranged in advance, as the property is multi-tenanted and access to all units cannot be guaranteed.