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R 583 000 Bond Calculator | 10 Bedroom Apartment / Flat for Sale in Corana

Mthatha, Corana

10 4 10
Erf Size: 1 800 m²

Investment property for sale -Mthatha. Fully let 10-unit Property/Excellent Rental Income/Development Potential!

A prime investment opportunity in Mthatha! this property comprises 10 fully occupied apartments, each generating steady rental income of R600 per room.

Key Features:
. Electricity: Prepaid meters.
. Water: 2x 5000L Jojo tanks
. Total units: 10
. Occupancy: 100% (o Vacant units).
. Monthly Rental Income: Consistent, fully tenanted
. Location: Close to Malusi/Gxulu clinic,St Patrick and Sewushe High Schools-ideal for student or staff accommodation.

Development Potential:

The property has space to build an additional 10 to 15 units, making it a fantastic long-term investment with room for growth.

Don't miss out on this high-yield opportunity in sought-after rental area!

For Enquiries or to schedule a viewing, contact us!


Property Overview

Listing Number
115892027
Type of Property
Apartment / Flat
List Date
22 April 2025
Erf Size
1 800 m²

Rooms

Bedroom
10
Bathroom
4

External Features

Parking
10

Building

Backup Water
Water Tank


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Agency

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Agents

Desiree Mareledwane
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