Positioned in a strategic location in Penina Park, adjacent to Church Street and within walking distance of the CBD, shopping centres, and other essential amenities, this property offers an outstanding investment opportunity.
The property comprises 10 bachelor units, 8 equipped with:
2 Units share 1 bathroom
* Private shower, toilet, and basin
* Prepaid electricity meter for individual usage
Additional features include:
* Fully walled property for privacy and security
* Ample on-site parking for tenants
* Fully tenanted with a current rental income of approximately **R25,000 per month**
* Owner is in the process of rezoning the property for business use, adding further value and future potential
Whether you are an experienced investor or looking to expand your property portfolio, this income-generating property offers immediate returns and excellent long-term prospects in a well-positioned area.
**Don't miss this opportunity to secure a fully occupied investment property with consistent rental income and exciting future potential.**