Web Ref No RL38571

Located in a quiet cul-de-sac at the top end of Fort Gale, this multi-tenanted property offers a buyer/investor a myriad of opportunities.

Sitting on 1188 square metres of land, and offering 5 separate entranced units - this property is perfect for someone looking to get into the Mthatha rental market, or add to your current rental portfolio.

Unit 1
Two bedrooms (built-in cupboards), one family bathroom (bath and shower), large kitchen, large lounge, dining room. Unit one has its own self contained garden, a carport for one vehicle and space for an additional parked vehicle.

Unit 2
One large bedroom (built-in cupboards), en-suite bathroom (bath), kitchen/eating area. Unit 2 has its own self contained garden and separate storage room. Parking for one vehicle.

Unit 3
One bedroom (built-in cupboards), one bathroom (shower), kitchenette/sitting area. Parking for one vehicle.

Unit 4
One bedroom (built-in cupboards), en-suite bathroom (shower), open plan kitchen/lounge. Attached to unit 4 is a large enclosed area (through which you access the unit) - perfect for storage, or laundry etc. Parking for one vehicle.

Unit 5
One bedroom (built-in cupboards), bathroom (shower) and open plan kitchen/lounge. Parking for one vehicle.

The units are tiled throughout, fitted with prepaid water and electricity meters and offer safety measures on all opening doors and windows.

The property is walled all round (secured with razor wire), has remote access, offers a garden toilet, washing area and is fitted with a water tank, with large enough grounds for additional extensions.

The property is currently fully let, and information pertaining to rental income can be made available.

Units 1 and 2 can easily be converted back into a 3 bedroom house, making space for a family who would like to make an income with the additional 3 units. Alternatively, the property can operate as a small “office park” (with permission from council), or continue operating as 5 separate living spaces. The property is also ideal for medical/university staff or students.

The property has easy access onto both the N2 and R61, and is located very close to both the Nelson Mandela Academic Hospital and Walter Sisulu University. Nearby amenities include the Savoy Shopping complex, fuel stations, schools and transport links. The above amenities are all within walking distance.

Viewing by appointment only.

Contact us today to see why this is your next investment!