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42 Tecoma street, Palm Park, Eersterivier, Western Cape
R 479 999
HIGH-RETURN INVESTMENT OPPORTUNITY 3 INCOME UNITS. EXCLUSIVE SOLE MANDATE!!! HIGH-RETURN INVESTMENT OPPORTUNITY 3 INCOME UNITSSerious investors only.This 5-bedroom property is already structured into 3 separate rental units, designed for immediate income generation once completed.Income Layout:2 Two-Bedroom Units Open-plan kitchen & living area1 One-Bedroom Unit Private bathroomThree separate entrances three rental streams.Value-Add OpportunityThe property is incomplete, but most of the finishing materials are already on site, including:New interior doors rooms & bathroomsToilets and basins for all bathroomsThe heavy structure is done. Finish, rent, and cash flow.Rental ProjectionEstimated combined rental income: R9,000 per monthThats R108,000 per year in potential gross income once completed.Strong yield potential for the right buyer.This is not for first-time buyers.This is for investors who understand:Buying below market valueAdding finishing valueMaximising rental returnsIf youre looking for a cosmetic flip, this is not it.If youre looking for income-producing property with upside this is your opportunity.Enquire only if you are ready to move. Show more Show less
Estimated monthly repayment
R 4 533
on a R 431 999 bond over 20 years at 11.25%
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42 Tecoma street, Palm Park, Eersterivier, Western Cape
Listed by
Noluthando Mnguni
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