- 5
- 3
- 318 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1877.13
Monthly Levy: ZAR 6058.80
Property description
Income-Generating Multi-Unit Investment in Fairmount
This exceptional investment property in Fairmount comprises a large double unit strategically partitioned into three separate rental units, each currently tenanted with occupants willing to remain under new ownership. The property offers immediate income potential with established tenancy, making it an attractive opportunity for investors seeking cash flow.
The upper unit features two bedrooms, a bathroom, kitchen, and a balcony overlooking the garden and park, with two dedicated parking bays. The substantial garden unit offers two bedrooms, a bathroom, guest toilet, kitchen, dining room, and a spacious lounge, with carport accommodation for two vehicles. The third studio unit comprises one bedroom, bathroom, kitchen, and two parking bays, providing flexible rental options.
Key Features
Three separate rental units with existing tenants
Five bedrooms and three bathrooms across the property
Three kitchens and one dedicated dining facility.
Eight parking spaces total
Sound-retardant dry wall partitioning between units
Garden access and park views
Pre-paid electricity system
Pet-friendly complex
Located in close proximity to Genesis Shopping Centre, Kosherworld, and various synagogues and educational institutions, the property benefits from excellent local amenities. The property requires some maintenance and improvements but presents a solid foundation for an investor seeking immediate returns. Contact us today to arrange a viewing and discuss this income-generating opportunity.
Property Details
- 5 Bedrooms
- 3 Bathrooms
- 1 Lounges
- 1 Dining Area
Property Features
- Pets Allowed
- Garden
| Bedrooms | 5 |
| Bathrooms | 3 |
| Floor Area | 318 m2 |
Contact the Agent
Clive Jacobson
Candidate Property Practitioner