This spacious 123sqm duplex is perfect for families seeking a cozy home or investors looking for an excellent rental opportunity! Divided into two living units, this property offers flexibility and great income potential.
Upstairs features a neat 2-bedroom, 1-bathroom unit, complete with a bright lounge area that opens to an enclosed balcony, a neat kitchen, and an updated bathroom.
Downstairs you will find a +/-30sqm 1-bedroom flatlet with its own kitchen, bathroom, and an open-plan lounge, ideal for independent living. (Please note the living area of the smaller flat does not have a ceiling).
Located on a large erf with potential for future expansion, this property is conveniently close to schools and essential amenities. It currently generates R7500 per month in rental income with the potential to increase up to R8500 per month.
Note: The downstairs flat lacks a geyser and ceiling, and the top-floor unit’s roof requires repair due to a leak. There are also no carports or garages, but a lot of space to erect these. Despite these issues, this duplex offers a fantastic investment opportunity!
Don’t miss out on this promising property!