Investment Property for Sale: Excellent Income Generator This face brick investment property in Springfield offers a lucrative opportunity with stable rental income and potential for appreciation. Perfect for investors looking to expand their portfolio with a property that offers consistent returns.
Unit Details - **Unit 1:** - Bedrooms: 3 - Bathrooms: Ensuite and family bathroom - Features: Built-in cupboard, air conditioning, TV lounge, large open plan lounge combined with dining room, kitchen fitted with cupboards, balcony, verandah, courtyard
- **Unit 2:** - Bedrooms: 2 - Bathrooms: Separate toilet and shower - Features: Open plan lounge and dining area, kitchen with cupboards
- **Unit 3:** - Bedrooms: 1 (converted) - Bathrooms: shower and toilet - Features: Open plan kitchen, lounge, dining area, sliding door
Property Features - **Parking:** Carport for 4 cars and plenty of additional parking - **Security:** Automated driveway gate, fenced - **Utilities:** Prepaid electricity meters for each unit, water charged separately
Current Rental Income for 2 Units:** R15,500 per month Investment Highlights
Close to schools, Makro Springfield value centre, public transport and other amenities
Call me for more details or to schedule a viewing.
Features
6
4
2
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
4
Kitchens
3
Reception Rooms
6
Studies
1
Exterior
Garages
2
Carports / Parkings
4
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Floor Size
220m²
Land Size
486m²
Extras
Burglar Bars • Electric Fencing • CCTV • Extra Parking • Carport • Airconditioning
Durban has an interesting history, Vasco da Gama’s passing in 1497, Lieutenant Farewell and Shaka. In 1823 Farewell took part in a British expedition to Natal and then decided to start a settlement there. He persuaded 25 other British colonists to join him, and in June 1824 he built the first houses. Only four of these original settlers remained with him. In July 1824 he visited Shaka from whom he received a...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.