South Africa, KwaZulu Natal, Sea Park

MULTI-UNIT INVESTMENT PROPERTY: 7 BEDROOMS WITH STRONG INCOME POTENTIAL

If you are looking for a property with substantial bones and a clear path to high rental yields, this face-brick home offers a unique opportunity. While the property does require some focused attention and restoration to reach its peak, the layout and infrastructure are already geared toward a high-occupancy investment or a large multi-family setup.

The Property Breakdown

The home is cleverly divided into four separate living spaces, providing privacy and independence for multiple tenants:
• Unit 1 (First Floor): A spacious 2-bedroom, 2-bathroom (main ensuite) layout featuring a large open-plan lounge, kitchen and dining area.
• Unit 2 (Ground Floor): A compact 1-bedroom unit with a bathroom (shower, toilet, basin) and an open-plan lounge/kitchen.
• Unit 3 (Ground Floor): A 2-bedroom, 2-bathroom (main ensuite) unit with a functional open-plan living and kitchen area.
• Unit 4 (Ground Floor): Another 2-bedroom, 2-bathroom (main ensuite) configuration with an open-plan lounge and kitchen.

Functional Features

• Low-Maintenance Exterior: Constructed with face brick, a tiled roof, and aluminium window frames to keep long-term maintenance costs manageable.
• Simplified Utilities: Each of the four units is equipped with its own prepaid meters for both electricity and water, making utility management straightforward.
• Parking & Storage: Includes two single garages with significant additional space on-site for multiple vehicles.

The Opportunity

Note to Investors: This property currently requires minor TLC and repair work to restore it to its full potential.
For a buyer willing to invest in the necessary renovations, the reward is a versatile 7-bedroom asset capable of generating multiple streams of income under one roof.

Bring your vision and explore the possibilities! Contact us today to schedule a viewing.