Sole and Exclusive to Harcourts Zululand Real Estate
Wonderfully located within Mtubatuba, this investment property is a great opportunity to take advantage of. The stand consists of 3 separate one-bedroom bachelor flats, with all three consisting of a bedroom, bathroom, open-plan lounge and a beautiful wooden deck overlooking the garden. Each flat currently generates a return of R4 000 per month, at a combined monthly rental income of R12 000 and no doubt makes this deal a brilliant buy to snap up.
Over and above that all, the property offers space for further buildings to be built and potential to increase revenue even more. In need of a little tidy and TLC, this unique stand provides investors with a fantastic opportunity, at an incredible price.
Conctact us today for a viewing!
These individual properties form part of the seller''s broader property portfolio, near the Pick ''n Pay and Mtuba Mall - the properties are available to purchase both separately or together as a whole. The portfolio for sale includes:
- The property described in the listing above. Number 4 in the diagram, measuring 1126sqm property and with 3 x one-bedroom flats - Priced at R990,000.
- 5 x Vacant stands along the main arterial road, opposite the Mtuba Mall - Priced between R650,000 - R690,000
- Three connected properties at over 6000sqm, properties 1, 2 and 3 in the diagram - Priced at R3,950,000.
Should you require any further information, feel free to get in touch with us.
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