R 2 799 000
| 6 Bedroom House for Sale in Newton Park
6
5
5
Income generator situated in a prime location
Ideally situated close to all major amenities, in a sought-after location, this property consists of 5 private Units, 4 x 1 Bedroom, plus one x 2 Bedroom, including an open plan living room & kitchenette, plus a Bathroom in each Unit..
All the Units are tenanted with leases in place, generating an income of approximately R27,000 per month.
The Property is zoned Residential 3, A large portion of the Land is vacant. Plans are already professionally designed for construction of another 7 Units on this Erf. The Site Development Plan is approved.
Each Unit has a prepaid Electric Meter.
There are 2 x 5000l Water Tanks.
Off-street parking is available with remote access.
The building is fully enclosed.
Please feel free to contact me for any further information or to arrange a visit to the Property.
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Contact AgentWeb Ref 114542851
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