Investment opportunity - 7 rental units in Malibu Village

Ref # 2462302
R995,000
Property Details
7 Beds
5 Baths
350m²

Discover a prime investment opportunity with this exceptional property that promises a strong monthly income stream. Ideal for investors seeking immediate returns, this property offers a blend of residential and commercial units, each currently generating rental income.

Property Features:

2 x One-bedroom flats. Each unit consists of a bedroom, bathroom, and kitchen.

3 x Bachelor flats with own bathrooms

2 x Commercial rental units

One currently rented as a shop/store room

One currently rented as an aluminium workshop

Current Rental Income per Unit:

* R3 300

* R3 300

* R3 500

* R3 500

* R2 300

* R4 300

* R3 800

Total Monthly Rental Income: R24 000

This property is perfectly suited for investors aiming for low-maintenance ownership while benefiting from a steady rental income. With all units already tenanted, you can enjoy hassle-free management and immediate returns.

Property Features
Property Type
House
Bedrooms
7
Bathrooms
5
Land Size
350m²
Costs and Terms
Rates & Taxes
±R607
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