6 Bedroom house sold in Boston, Bellville
Web Ref: 1062002
4 SEPARATE UNITS - IDEAL INVESTMENT
Many looking for a property to convert into flatlets, for future income potential. The search ends here, but better yet, no need to do any renovation, as the property is already fully converted into 4 dwellings !
Each dwelling is private of the other, offers own parking, and is fitted with own prepaid electricity meter.
Unit 1 :
Lounge with lovely wooden flooring, upgraded kitchen (tiled, new kitchen tops and built in cupboards), and huge bedroom with beautiful original built in cupboards. Full bathroom, with cnr bath and shower. Two private parking areas, and ample off street parking. Same tenant for 11 years - as a result, currently paying rental of R4 050 per month.
Unit 2 :
This is the biggest unit, compromising of three bedrooms, all with built in cupboards, (of which the main bedroom is double volume, and has a beautiful exposed wooden roof. The lounge, with fireplace, is spacious and sunny. Kitchen is fitted with ample built in cupboards. Bathroom has a separate toilet. Lovely wooden flooring throughout, wooden window frames, and other unique Boston characteristics. Same tenant for close to 12 years - as a result, currently paying rental of R6 900 per month.
Unit 3 :
Bachelor unit - compromising of bedroom / lounge area, with separation (cupboards) to kitchenette. Bathroom (tiled) with shower. Own parking area. Same tenant for 5 years - current rental of R3 200 per month.
Unit 4 :
Bachelor unit - compromising of bedroom / lounge area, with separation (cupboards) to kitchenette. Bathroom (tiled) with shower. Own parking area. - current rental of R2 800 per month.
With a current / immediate monthly income of R 17 000,from 4 VERY good tenants, with extended stay and history, this is an ideal investment opportunity.
Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years
Our goal is to sell your property at the right price and in the shortest possible time.
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