- 3
- 3
- 1 000 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1600.00
Property description
Introducing three charming cottages nestled in the heart of Lambton, offering a haven of comfort and convenience. Perfectly suited for those seeking a tranquil lifestyle without compromising on accessibility and modern amenities. Increase your investment property portfolio with these 3 units property. The property consists of three bachelors, each with each own entrance that leads to an open plan lounge and kitchenette, then proceed to a single bedroom with it's own full shower bath, toilet and basin. The property currently generates R16 000 per month. It has the potential to generate R44 000 because of plans that have been submitted for 4x2 bedroom units, each to be priced at R7000 per month once completed, that are pending approval. Covered parking is available which can accommodate up to 7 cars. Each unit has prepaid meter already installed.
Should you be interested there are acquisition approaches available
- Buy the property and pay transfer fees as the buyer
- The property is owned by business with full financials for two years. You can buy the business and avoid the transfer fees and gain immediate ownership of the business
The property boasts ample space for further development, allowing you to expand and customize according to your vision. Walking distance to various amenities, ensuring convenience at your doorstep.
Property Details
- 3 Bedrooms
- 3 Bathrooms
- 3 Lounges
Property Features
- Pets Allowed
- Fire Place
- Paving
- Garden
| Bedrooms | 3 |
| Bathrooms | 3 |
| Erf Size | 1 000 m2 |
Contact the Agent
Nomonde Nomzanga
Candidate Property Practitioner