Great investment opportunity- Newton Park!!!
This property features four distinct living spaces, all fully tenanted, generating a monthly income of R 21,675.
The main house is currently rented at R 3,000 per room for three rooms, complete with communal bathrooms, a lounge, and a kitchen. Additionally, there are two one-bedroom flats available, each renting for R 4,000 per month. There's also a one-bedroom unit with a carport, private yard, and braai area, available for R 4,675 per month.
Moreover, there is potential to build two additional flats on the property.
Seize this fantastic investment opportunity!
The main house is currently rented at R 3,000 per room for three rooms, complete with communal bathrooms, a lounge, and a kitchen. Additionally, there are two one-bedroom flats available, each renting for R 4,000 per month. There's also a one-bedroom unit with a carport, private yard, and braai area, available for R 4,675 per month.
Moreover, there is potential to build two additional flats on the property.
Seize this fantastic investment opportunity!
Monthly Rates
R2,300
Features
Interior
Exterior
Sizes
Listing Info
Cotswold, Gqeberha
- Street map
- Street view
- Amenities
- Schools
Filling Station
0.75 km - Sasol Disa Road
1.12 km - TotalEnergies Concept Distributors
1.39 km - Caltex
Bus Station
2.93 km - Translux - Taxi Rank
2.93 km - Translux
3.27 km - Algoa Bus Depot
Hospital/Clinic
0.24 km - Trustmed
0.94 km - Kim Castle
0.97 km - Dr L Gauche
Police Station
1.27 km - Sa Police Service 10111 Centre Gqeberha
1.32 km - Sa Police Service 10111 Centre
1.65 km - South African Policing Union
Shopping Centre
1.93 km - Sanlam Centre
2.27 km - Moffett Retail Park
2.29 km - This & That
0.28 km - Laerskool Moregrove
0.31 km - Little Harvard Pre-School And Daycare
0.46 km - Kip Mcgrath Education Centre
0.67 km - Cotswold Preparatory School
0.71 km - School For Special Kids
0.72 km - Sunflower Montessori School
0.80 km - Amakoro Training Coastal
0.83 km - Sinako
0.89 km - Cotswold Educare And Pre-Primary
0.91 km - Newton Park Pre-Primary School
1.10 km - Edu-Build Institute Nw
1.33 km - Schauder Primary School
2.03 km - Brylin Learning Centre
2.05 km - Paterson High School
2.10 km - Chapman High School
Average sold property price in Cotswold
Freehold
Sectional Scheme
Vacant Land
Freehold
R1,265,861
33.4%
Average price
28
33.4%
Transfers
Sectional Title
R605,077
33.3%
Average price
19
33.3%
Transfers
Estate
0
0%
Average price
0
0%
Transfers
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Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
