5 Bedroom house for sale in Forest Haven, Phoenix

R1,150,000
  1. 5
  2. 4
  3. Web Ref: 1292835
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Property Features

ERF Size 222 m²
Rates R780 per month

Interior Features

5 Bedrooms
1 Lounge
4 Bathrooms
Security

Prime Investment Opportunity

Multi-Unit Property with High Rental Potential

Discover an income-generating investment property that ticks all the boxes for smart investors. This property features four units, including two bachelor units, one one-bedroom unit, and a spacious two-bedroom unit with a lounge and kitchen. Situated conveniently below road level, it offers two open parking spaces. Each unit is equipped with its own prepaid electricity and water meters, ensuring efficient utility management for tenants.

Currently occupied and offering a steady rental income, this property is in need of some upgrading, making it a fantastic opportunity to add value and increase returns. Located on a main road in a high-demand area, it enjoys proximity to schools and public transport, enhancing its appeal to tenants. For an investor with a vision, additional units can be built on this property.

Whether you're looking to start or grow your property investment portfolio, this opportunity is not to be missed!

Contact the agent

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Ravi Maharaj
Candidate Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

91 Parthenon, Phoenix

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