This high-yield multi-residential property is an ideal opportunity for investors, featuring five income-generating rental units. The portfolio includes four spacious two-bedroom, one-bathroom units and one comfortable one-bedroom, one-bathroom unit. Currently generating just under R24,000 per month in rental income, the property offers investors an immediate income stream, with further potential to grow returns over time. Prioritizing tenant safety, every unit is fully equipped with secure burglar bars and fitted security gates on both front and back doors. Perfectly positioned just off the main road connecting George and Oudtshoorn, the property offers effortless accessibility for commuters. While the complex requires a few minor maintenance touch-ups, it represents an exceptionally solid, value-add investment opportunity with immediate rental income and excellent future potential.
Sign in to see the full listing
Features, rooms, price history and location — free with an account.
Based on live for-sale listings in this suburb.
Average Price/m²
Hidden
Properties Analyzed
Hidden