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Results for houses for sale kuilsriver in "houses for sale kuilsriver" in South Africa in South Africa
12
1
12
FOR
SALE:
AN
INVESTOR'S DREAM PROPERTY :
PRICE
REDUCED FROM R 3 200 000.00 TO R 2 800 000.00
With
an initial investment of R 507 344.00 to secure this property, the
investor would achieve an annualised gross value yield of 112% and an
annualised net value yield of 23%.
Hardly
ever does a unique investment property such as this one come onto the
market, offering 4 spacious rental flats located in a tranquil
cul-de-sac, a mere 300 meters from the Kuils River Central Business
District.
This
property offers a discerning investor a current monthly rental income
of R32,557.00, which translates to an annual rental income of
R386,684.00. In 2026, the monthly rental income will increase to R 35 704.00, which translates to an annual rental income of R 424 454.00.
The property is currently fully let with financially stable long-term
tenants.
The
4 flats on this property come with the following facilities and
layout.
Unit
1 – 2 x Bedroom, Kitchen, Lounge, Full bathroom. 1 x Exclusive use
outdoor area which is perfect for the keeping of pets -
Unit
2–2 x Bedroom, Kitchen, Lounge, Full bathroom.
Unit
3–1 x Bedroom, Kitchen, Lounge, Full Bathroom, 1 x Exclusive use
outdoor area which is perfect for the keeping of pets.
Unit
4–3 x Bedroom, Kitchen, Lounge, Dining Area, Full Bathroom, Guest
Bathroom, 2 x Exclusive use outdoor areas which are perfect for
keeping pets.
All
the units boast the following infrastructure elements:
Each
unit has its own electricity sub-distribution board.
A
prepaid water meter is installed in each unit.
A
pre-paid electricity meter is installed in each unit.
Each
unit has its own private entrance.
Each
unit has its own dedicated washing lines.
All
bedrooms have built-in cupboards installed.
All
bedrooms have laminated floors installed.
All
rooms have curtain rods installed on all windows.
Each
unit has its own Geyser installed.
All
entrances have modern awnings installed.
All
kitchens have built-in cupboards.
All
kitchens have stoves installed.
In
addition, the property comes with:
8
secured parking areas behind 3 sets of sliding gates that can be
opened individually
This
property presents an opportunity for multi-use in the future as
either a guest house / Airbnb or a day care and after-care
center, or for student housing in view of its proximity to the
Kuilsriver CBD or as a business premise such as offices or a Medical
Practice.
Whether
you're looking to expand your investment portfolio or capitalise on
the high demand for shared housing, this property is an excellent
opportunity to bring into your portfolio. Its prime location and
unique features render itself a must-see for any investor.
A
detailed property information spreadsheet will be emailed on request:
Submit email request to josephbruintjies@gmail.com or WhatsApp 082
499 8518.
Property
is sold exclusively by the owner. Regrettably no Estate Agents.
.
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