NEW
Web Ref RL592
R3,100,000
Monthly Bond Repayment R30,949.77
Calculated over 20 years at 10.5% with no deposit.
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Monthly Rates
R654
R654
Multi-Unit Residential Investment in Stanger
A great investment opportunity in Larkfield, Stanger, offering both a freestanding home and a separate apartment block with four rental units.
The apartment block consists of four spacious units, each offering well-sized bedrooms, a comfortable lounge and dining area, an open-plan kitchen and a spacious bathroom. All units are fitted with prepaid utilities, making them practical and easy to manage for both landlord and tenant.
The property is well positioned close to Gledhow Sugar Mill, SAPPI and Hesto, making it particularly attractive to tenants working in the surrounding industrial areas and adding to its rental potential.
The main house offers three bedrooms, a kitchen, lounge, main bathroom and guest toilet, together with an enclosed verandah. The home is dated and would benefit from some updating, giving a new owner the opportunity to renovate and add further value.
A large yard completes the property and provides generous outdoor space.
With multiple rental units, a separate main house and a convenient location close to major employers, this property is well suited to an investor looking for a solid income-generating opportunity in Stanger.
The apartment block consists of four spacious units, each offering well-sized bedrooms, a comfortable lounge and dining area, an open-plan kitchen and a spacious bathroom. All units are fitted with prepaid utilities, making them practical and easy to manage for both landlord and tenant.
The property is well positioned close to Gledhow Sugar Mill, SAPPI and Hesto, making it particularly attractive to tenants working in the surrounding industrial areas and adding to its rental potential.
The main house offers three bedrooms, a kitchen, lounge, main bathroom and guest toilet, together with an enclosed verandah. The home is dated and would benefit from some updating, giving a new owner the opportunity to renovate and add further value.
A large yard completes the property and provides generous outdoor space.
With multiple rental units, a separate main house and a convenient location close to major employers, this property is well suited to an investor looking for a solid income-generating opportunity in Stanger.
Features
Pets Allowed
No
Interior
Bedrooms
11
Bathrooms
5.5
Kitchen
5
Reception Rooms
10
Furnished
No
Exterior
Security
No
Parkings
7
Domestic Accomm.
1
Pool
No
Sizes
Floor Size
523m²
Land Size
1,013m²
