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Evander, Evander, Secunda, Mpumalanga
R 2 090 000
This Ultimate Income Generator with 20-Units TO LET. A Perfect opportunity for investors and innovative entrepreneurs! This is a rare, high-yield investment opportunity located on a prime, large corner stand in a highly sought-after area. Boasting a massive total of 20 income-producing units, alongside fantastic commercial and community facilities, this property is a cash-flow powerhouse. With the right entrepreneurial vision, the rental income here has the potential to repay a bank loan remarkably quickly. The Main Residence At the heart of the property is a substantial and comfortable main house, perfect for an owner-manager or to be rented out as a premium unit: 5 spacious bedrooms and 3 well-appointed bathrooms. A massive open-plan kitchen and living area The kitchen includes a dedicated, separate laundry area to keep things neat and organized. The 20 Units! can generate about R40 000 income monthly The property has been cleverly divided into a highly profitable mix of flats and individual rooms, bringing the total to 20 letting units. With varying rental rates, this setup caters to a wide demographic of tenants, ensuring high occupancy and a phenomenal monthly return on investment. Location is everything in property investment, and this one hits the mark perfectly. Situated on a sprawling corner stand, the property is located directly in the vicinity of the State Hospital (making it the ultimate accommodation solution for medical staff and nurses) and is close to the major supermarkets and essential amenities. DO NOT miss out on this rare business opportunity..! Call us immediately for a viewing appointment.
Estimated monthly repayment
R 19 737
on a R 1 881 000 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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Evander, Evander, Secunda, Mpumalanga
Area view — the exact address is shared on enquiry.
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