| 3 Units – Investment Property for Sale in Grove End, Phoenix |
Are YOU a Serious and Conscious Investor/Buyer?
THIS IS FOR YOU!
LET'S DO THE MATH!
The replacement value of this property is approximately R2,500,000.
Currently priced at R1,250,000.
The property can generate a potential income of R17,000.00 per month.
Located on a main road in a desirable area, this versatile gem is ideal for both homeowners and investors.
Main House Features:
Upstairs:
Three spacious bedrooms (two with air-conditioners).
One toilet and shower.
Downstairs:
Modern open-plan lounge and dining room.
Well-appointed kitchen with built-in cupboards, oven, hob, and extractor fan.
Aluminium windows and door frames, tiled flooring throughout.
Burglar guards and security gates enhance safety and style.
Enclosed and secure backyard for added peace of mind.
Additional Income-Generating Units:
Two separate units with potential rental income of R5,000 each per month:
A double-storey building with two independent units (one per floor).
Each unit includes:
One bedroom
Open-plan lounge and dining area
Kitchen
Toilet and shower
One unit is currently tenanted; the other is vacant—ideal for boosting your rental income and assisting with bond repayments.
Potential Uses:
A beautiful family home for a large family.
Ideal for a home-based business with the secure, enclosed backyard.
With vision and creativity, it can be converted into multi-unit rental apartments.
Suitable for staff accommodation if you own a business with many employees.
These are just some of the possibilities this property offers.
Do the numbers. Make the move. Add this iconic property to your investment portfolio.
To explore this opportunity further, contact Ravi to arrange a viewing.
ERF Size 197 m²
Rates R800 per month
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Ravi Maharaj
c. 074 6565 955
ravi.maharaj@rawson.co.za
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