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R2,980,000 | 10 Bedroom Freehold For Sale in Cullinan

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R2,980,000

Monthly Bond Repayment R29,751.72
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

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Monthly Rates
R1,204

Investment Opportunity – 5 Units on Large Stand (1222 sqm)

Situated on a spacious 1222 sqm stand, this well-maintained property presents an excellent investment opportunity, with five units being sold as a single package. Each unit offers an open-plan kitchen and living area, two comfortable bedrooms, and a bathroom fitted with a bath. In addition, every unit is equipped with its own prepaid electricity meter and a gas geyser, enhancing convenience and reducing utility management for both owner and tenants.

The units are neat, clean, and well-kept, making them highly appealing to tenants. The property currently generates a steady rental income of R5 500 per unit per month, providing a solid and reliable return on investment.

A communal garden adds to the appeal, offering a neat and easy-to-maintain outdoor space. Ideally located directly across from a school and within close proximity to shops and other amenities, the property enjoys strong rental demand.

This is a fantastic opportunity for investors looking to secure a well-positioned, income-generating asset.

Features

10
5
Pets Allowed
No
Interior
Bedrooms
10
Bathrooms
5
Kitchen
5
Reception Rooms
5
Furnished
No
Exterior
Security
Yes
Parkings
5
Flatlet
5
Pool
No
Sizes
Floor Size
360m²
Land Size
1,222m²
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-25.67752768898795, 28.52414793879335
Theunetta Schubert
Theunetta Schubert
Non-Principal Property Practitioner Show number View my listings WhatsApp
Martie Cloete
Martie Cloete
Non-Principal Property Practitioner Show number View my listings WhatsApp
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