12 Bedroom House For Sale in Marlands
R2,900,000
Monthly Bond Repayment R31,427.50
Calculated over 20 years at 11.75% with no deposit.
Web Ref No 6231190
MOTIVATED SELLERS WITH INCOME INCOME INCOME!!!
Situated in the bustling heart of Marlands, this income-generating property presents a lucrative opportunity. Comprising six self-contained units, each equipped with two bedrooms, a kitchen, bathroom, and lounge, the property boasts a strategic design for both privacy and convenience.
Four of the units are currently occupied by long-standing tenants, generating consistent rental income ranging from approximately R5500.00 to R6500.00, dependent on unit size. The well-defined separation of gardens by walls adds an extra layer of privacy to each unit.
Furthermore, the property ensures security with high walls encompassing the entire premises. Access is granted through automated gates, providing a secure entry point to the yard. Additionally, each unit is equipped with security gates at its entrance, enhancing overall safety.
Two covered parking spaces accompany each unit, offering convenience and protection for residents' vehicles. Beyond the property's confines, Marlands is known for its tranquil and clean community atmosphere, coupled with easy access to the N12 Highway, making this investment both practical and promising.