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Oudtshoorn Central, Oudtshoorn Central, Oudtshoorn, Western Cape
R 2 200 000
Excellent Investment Opportunity on Route 62 with Good Rental Income Positioned in the popular area in Oudtshoorn South and perfectly located on Route 62, this well positioned investment property offers excellent accessibility to schools, businesses, the Klein Karoo Markt Shopping Centre, and all essential amenities, while providing convenient access in and out of town. The property features a total building area of 247m² and comprises five income-generating units, making it an attractive addition to any property portfolio. Four of the units each offer: ? Two comfortable bedrooms ? An open-plan living area and kitchen ? A bathroom The fifth unit offers: ? One spacious bedroom ? A generous open-plan living area and kitchen ? A bathroom The property currently generates a rental income of just under R24,000.00 per month, providing an immediate return on investment with further opportunities to enhance income over time. Whether you are an experienced investor looking to expand your portfolio or entering the rental market for the first time, this property offers outstanding value with significant potential. A versatile, income-generating property in a high-demand rental area—an opportunity not to be missed.
Estimated monthly repayment
R 20 775
on a R 1 980 000 bond over 20 years at 11.25%
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Oudtshoorn Central, Oudtshoorn Central, Oudtshoorn, Western Cape
Listed by
Janka Niemand
Chas Everitt Southern Cape
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