4 Bedroom House in Secunda
Exceptional Investment Opportunity: House with Flats for Sale in Prime Location
Exceptional INVESTMENT OPPORTUNITY: House with Flats for Sale in Prime Location in SECUNDA!
Discover a rare gem in a sought-after neighborhood, perfectly suited for savvy investors. This impressive property boasts a 2-bedroom house, two separate 1-bedroom apartments, and a spacious double garage, offering vast potential for rental income.
House with 3 flats - or a 4 bedroom house with 2 flats and double garage.
Currently used as 3 units- double garage and 3rd garage can be converted.
Property Features:
- 2-bedroom house with kitchen, lounge, and full bathroom
- Two separate 1-bedroom apartments, each with kitchen, lounge, and bathroom
- Spacious double garage with additional storage space
- Potential to convert an outside room into an additional flat
Rental Income:
- Existing rental income: approximately R20,000 per month
- Breakdown:
- 1 x 1-bedroom furnished flat with own entrance: R5,800 per month
- 1 x 1-bedroom flat with bath: R6,800 per month
- 2-bedroom house (unfurnished): R7,500 per month
Tenancy:
- Long-standing tenants, providing a stable rental income stream
Development Potential:
- Approval for development of 3 x double-story units on the stand
- Opportunity to increase rental income and property value
Don''t miss out on this exceptional investment opportunity! Contact us today to schedule a viewing and take the first step towards securing your financialfuture.
Property details
- Listing number T5014296
- Property type House
- Listing date 22 Mar 2025
- Land size 1 007 m²
- Rates and taxes R 2 200
Property features
- Bedrooms 4
- Bathrooms 3
- En-suite 1
- Lounges 5
- Garage parking 3
- Pet friendly
- Built in cupboards
- Kitchen
- Garden
- Family TV room
- Paving