8 Bedroom House For Sale in Northdale
High-Yield Multi-Unit Investment
Unlock immediate cash flow with this high-density residential portfolio in Northdale. Perfectly positioned on a spacious corner plot, this property offers dual-access convenience and is situated in a high-demand rental pocket. Located less than 1km from Debi Place and seconds from the Bombay Road taxi routes, this is a prime location for tenants prioritizing proximity to schools, sporting grounds, and the CBD.
The Portfolio Breakdown
The property consists of 5 self-contained units, currently generating a proximity Monthly Income of R20,700:
Unit 1: 2 Bedrooms, Lounge, 2 Bathrooms
Unit 2: 2 Bedrooms, Lounge, Kitchen, 1 Bathroom
Unit 3: 1 Bedroom, Lounge, Kitchen, Bathroom
Unit 4: 2 Bedrooms, Kitchen, Bathroom
Unit 5: 1 Bedroom, Kitchen, Bathroom
Financial Highlights
Gross Income: R20,700 pm
Operating Expenses: R3,200 pm (Includes water, rates, and services)
Current Net Profit proximity: R17,500 pm
Utilities: All units fitted with Prepaid Electricity (Water included in rental).
Value-Add Opportunity
While currently profitable, these units require some TLC. This presents a massive opportunity for the savvy investor to renovate, modernize, and significantly increase the rental yield beyond the current R20k mark.
VIEWING REQUIREMENTS:
To ensure a professional transaction, physical viewings will be strictly reserved for qualified buyers. Please provide pre-approval documentation or bank-guaranteed verification of funds upon enquiry.
Don’t miss out on this "set-and-forget" income generator. Make the call.....
Unlock immediate cash flow with this high-density residential portfolio in Northdale. Perfectly positioned on a spacious corner plot, this property offers dual-access convenience and is situated in a high-demand rental pocket. Located less than 1km from Debi Place and seconds from the Bombay Road taxi routes, this is a prime location for tenants prioritizing proximity to schools, sporting grounds, and the CBD.
The Portfolio Breakdown
The property consists of 5 self-contained units, currently generating a proximity Monthly Income of R20,700:
Unit 1: 2 Bedrooms, Lounge, 2 Bathrooms
Unit 2: 2 Bedrooms, Lounge, Kitchen, 1 Bathroom
Unit 3: 1 Bedroom, Lounge, Kitchen, Bathroom
Unit 4: 2 Bedrooms, Kitchen, Bathroom
Unit 5: 1 Bedroom, Kitchen, Bathroom
Financial Highlights
Gross Income: R20,700 pm
Operating Expenses: R3,200 pm (Includes water, rates, and services)
Current Net Profit proximity: R17,500 pm
Utilities: All units fitted with Prepaid Electricity (Water included in rental).
Value-Add Opportunity
While currently profitable, these units require some TLC. This presents a massive opportunity for the savvy investor to renovate, modernize, and significantly increase the rental yield beyond the current R20k mark.
VIEWING REQUIREMENTS:
To ensure a professional transaction, physical viewings will be strictly reserved for qualified buyers. Please provide pre-approval documentation or bank-guaranteed verification of funds upon enquiry.
Don’t miss out on this "set-and-forget" income generator. Make the call.....
Features
Interior
Exterior
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Urban Link website is accurate and up to date, Urban Link makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.