This property is completely level and all buildings are single storey, comprising of 3 separate buildings. All in excellent state of repair with tenants eager to extend leases.
1. Building 1 - Includes a renovated 3 bed 2 bath main home with Oregon floors, high ceilings, lovely pool, patio and gas fitted kitchen PLUS an adjacent 2 bed flat partitioned via a dry-walled doorway. Easy conversion to 5 bed, 2 lounge, 3 bath, study, main house if needed.
2., Building 2 - Incorporates a 1-bed flat with garage and own garden and a 45 sq m Studio flat. The garage can be included in either for added space.
3. Building 3 - is currently a 3 bed flat with own garden.
All flats have their own electricity meters, gas geysers and allocated undercover parking, with a current income of R23,500 p.m [all on monthly tenancy]. excluding the main house, with potential total rental income of R38,000 p.m.
The property is set on an acre of land opposite the Primary School, Old Age ome and close to shops and freeway. Be quick for this super investment.
Kloof is well-known as being characterised by a relaxed, sophisticated way of life. It gets its name, which literally means "gorge" in Afrikaans, from the deep ravine which was formed by the Molweni stream. It is a well-loved suburb in the Upper Highway area, renowned for its winding, tree-lined roads and luxurious houses. Situated in close proximity to other well-loved areas such as Gillitts and Hillcrest, it is...
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