8 Bedroom House in Verulam, Verulam For Sale for R 1,060,000 #1860230

3 Bedroom Home With 3 Additional Flats On Property

Ref # 1860230 : Verulam, Verulam, Kwazulu Natal

R 1,060,000

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Property Details

This is a great opportunity for an extended family that need space or for an investor that want to a good rental income.

At 1029 square meters this is one of the biggest pieces of land in Verulam, this property hosts a main home plus 3 additional apartments.

Main Home

Has 3 spacious bedrooms and a bathroom, as well as a large open plan kitchen that flows onto the lounge and tv area.

Unit 2

Attached to the back of the main home is unit 2 that consists of 1,5 bedrooms a kitchen lounge and 1 bathroom

Unit 3 and Unit 4

These units are identical and one above the other, in these units you find 2 bedrooms, 1 bathroom an open plan lounge dining room and kitchen area.

Current rental income for the 3 units excluding the main house is R8850, as well as possible rental income for the main house at R5000, which means an investor could immediately earn R13 850 a month.

Property Features

  • Property Type House
  • Beds 8
  • Bath 4
  • Building Size 274m²
  • Living Area 4

Associated Costs

  • Rates & Taxes ± 615