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9
7
12
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.
.
16d
VERIFIED
12
10
12
2 on Linaria is a beautiful self-catering home in Britannia Bay, situated across the road from the beach, while the greenbelt allows for beautiful sea views. Long unspoilt white sand beaches are part of the surroundings, tranquillity rules here. Access to the beach from both ends of the road or start your beach walk at one end and follow the shell scattered path of the peninsula to get to the other end of the road. This is the perfect home for family getaways or just a breakaway.
The house is a 10 sleeper; however, the available sleeper couch can allow for more – this needs to be pre-arranged with the Managing Agent. 4 Bedrooms and 3 bathrooms all with showers, 2 with bathtubs. All the bedrooms have cupboards, 3 bedrooms have laminate flooring and the 4th is tiled. Main bedroom is en-suite with his and hers basins. TV and patio in main bedroom with a view of beach. The main bedroom is air-conditioned, while the remaining 3 bedrooms and the lounge have portable fans. Large lounge and dining room with an indoor braai, two flat screens, DSTV available with full bouquet of channels, never miss a game. Fireplace cum braai built into dining area (remove the doors for convenience) with prep bowel next to the fireplace.
Fully equipped kitchen with scullery. Microwaves in both kitchen and scullery. Double bowl zinc, plenty of cupboard space for groceries. Washing machine and tumble dryer; also plenty of fridge and freezer space. A battery-operated gas cooking island takes the pain away of prepping a meal during load shedding... if you are not going to braai.
We have installed Fibre for your internet connection.
About load shedding…we have installed an Invertor!!! You will have use of the DSTV, garage doors, lights etc. Please note the non-essentials such as washing machine, tumble dryer and geyser is not linked. Do make use of the load shedding apps to plan appropriately.
Double automated garage with plenty of additional parking outside.
The yard has an outside cold-water shower to rinse off after a day at the beach. Built in outside braai or the portable braai is always setup.
The pool is an awesome option for those hot days and warm evenings.
In front we have the boma and our kiddy playpark to keep the young ones entertained. Table tennis, darts, foosball and board games are available to use free of charge provided it gets looked after. For the table tennis and darts please bring your own accessories or pre-arrange when booking to have it available when you arrive. A coin operated pool table - uses R5 coins only, please note you play at your own risk and no refunds. Please bring along your own towels, both bath and beach towels.
House is fully alarmed with Armed response only minutes away (never needed to use armed response).
While every effort is made to provide you comfort, we cannot control any 3rd party disruptions but will do our utmost to assist should the need arise.
Price is per night
1mo
VERIFIED