Posted on March 3, 2021
Price : R 5 500 000
Listing Type : Investment
Location : Chartwell
Beds : 14
Baths : 7
Size : 8 565 m2
Floor Size : 540 m2
Rates & Taxes : R 1 200 pm
Ref no. : 2706

A great opportunity to grow your property investment portfolio with a large agricultural holdings stand of 8 565m² with 3 separate buildings including 6 self-contained units and a total of 14 rooms and 7 bathrooms.

The units include: 1 x 3 bedroom and 2 bathroom unit, 1 x 3 bedroom and 1 bathroom unit and 4 x 2 bedroom and 1 bathroom units, there is also a servant quarters and gardeners room with bathroom. The units are all in good condition, very spacious and have country style finishes with an open plan layout, private patios and gardens, with a common property carport parking bay area.

All units are equipped with pre-paid electricity and water meters and the property has good security with electric fence, cameras and armed response. There is a lot of space available on the stand for the development of additional units. The property is fully let and currently generating a rental income of R48 730 per month with low operating costs of R5 036 per month.

Features
CCTV Cameras
Electric Fence
Garden
Open Plan
Patio / Porch
Prepaid Electric Meter
Mfundo Nhlabati – Agent Head Office