$656,105

Exceptional Wentworth Bluff Investment Opportunity | 12 Tenanted Units | Two Buildings for Sale

  • 23 Beds
  • 15 Baths
  • 8,978 Sqft
  • 18,439 Sqft lot
  • Updated: Today

About the Property

An Income-Generating Investment – 12 Units on One Property .
Gross Rental R98 000 less utilities charged R3000 =R95 000 Monthly Income .

Investors, this is an opportunity you don’t want to miss!

Positioned in the sought-after Bluff area, this exceptional investment property comprises of 2 Buildings offering a total of 12 Residential Rental Units, making it an ideal opportunit
An Income-Generating Investment – 12 Units on One Property .
Gross Rental R98 000 less utilities charged R3000 =R95 000 Monthly Income .

Investors, this is an opportunity you don’t want to miss!

Positioned in the sought-after Bluff area, this exceptional investment property comprises of 2 Buildings offering a total of 12 Residential Rental Units, making it an ideal opportunity for investors looking to expand their property portfolio with an established rental income stream.

PROPERTY FEATURES

Two separate buildings on one property with all units currently occupied.

12 Residential Rental Units in Total
11 x Two Bedroom Units
1 x One and a half bedroom unit

Building 1 - 8 Residential Units

Each unit Consists of 2 Bedrooms with built in Cupboards ,1 Bathroom with a Shower , Open plan lounge, dinning room and Kitchen with Modern Built in Cupboards and 1 Secure Parking. . Fully Paved Driveway and Facebrick and Aluminium Windows for low maintenance . 4 Units Downstairs and 4 Upstairs . Total 8 Parkings for the complex. Washing Lines and Designated Bin Areas.

Buuilding 2 - 4 Residential Units

3 of 4 Units - 2 Bedrooms with Built in Cupboards , 1 Ensuite Bathroom with a Shower ,1 Bathroom with a Bath ,Open plan lounge, Dinning Room and Kitchen with Modern Built in Cupboards and 1 Secure Parking. Total 4 Parkings. Fully Paved Driveway and Dual Entrance , Washing Lines and Designated Bin Areas.

1 Unit -1.5 Bedroom with one Bathroom,Open plan lounge, Dinning room and Kitchen with Modern Built in Cupboards and 1 Secure Parking
3 Units on the ground floor .
1 Unit Upstairs .
Low Maintenance.
4 Units only have stoves.

Electric fencing and Cameras for added security.

Automated electric access gates Both buildings have there own access gates.

Fibre connectivity available.

INVESTMENT & OPERATIONAL HIGHLIGHTS

Established Rental Income

All 12 units are currently occupied, providing an existing rental income stream from day one. An individual rental schedule is available for prospective purchasers to assess the income generated by each unit.

Utility Management

8 units have prepaid electricity and individual water meters - Building 1

4 units have prepaid electricity, with water consumption individually metered and billed to tenants - Building 2

Domestic refuse costs are shared equally among all 12 tenants.

Maintenance & Management

The owner arranges garden services to maintain the outdoor areas, including clearing weeds between the paved sections.

Compliance & Ownership

Approved building plans, including amended plans.

One title deed covering the entire property.

WHY INVEST IN THIS PROPERTY?

With 12 occupied rental units across two buildings, this property offers investors the opportunity to acquire a multi-unit residential investment with an established tenant base and multiple rental income streams.

Whether you are an experienced property investor looking to grow your portfolio or seeking a substantial buy-to-let opportunity, this property deserves your attention.

12 UNITS. TWO BUILDINGS. ONE INVESTMENT OPPORTUNITY.

Contact Naadiya From Legacy Real Estate today to request the rental schedule, municipal account and further investment information, or to arrange a private viewing.
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  • Property type

    Apartment

  • Price/sqft

    $73

Features

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Bluff, Wentworth, KwaZulu-Natal, South Africa View on Google Maps
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Joined 3 years ago
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South Africa
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13
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2024
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Head Office
South Africa
View agency profile
Last updated
Today
First listed
November 12
Listing reference
RL9053
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