SOLE MANDATE

BACK TO
RESULTS

SEARCH
AGAIN

10 Bedroom Freehold For Sale in La Lucia

R5,900,000

Monthly Bond Repayment R60,899.12
Calculated over 20 years at 11% with no deposit.

Web Ref No TPR22448

Sky is the Limit in La Lucia

This Perfectly Positioned property is situated in the heart of La Lucia, offering a unique investment opportunity with 8 Self- Contained units, each unit is designed to provide comfortable living spaces making it an attractive option for tenants and a brilliant source of rental income.

The Details of Each Unit:

3 X Studio Units with bathroom and Kitchenette and balcony – rental income of R 6 500 per month per unit.

1 X 1 Bedroom with bathroom and Kitchen and balcony – rental income of R 8 000.00 per month

1 X 1 Studio with bathroom and kitchenette – rental income of R 4000.00 per month

1 X 2 Bedroom unit with veranda, lounge, kitchen and bathroom – rental income R13 700 per month.

1 x Large Studio unit with bathroom, kitchen and lounge/dining room and patio – rental income R7 500.00 per month

1 x 3 Bedroom, 2 bathrooms, lounge, dining room, kitchen, scullery and pool – potential rental – R18 000 per month

There is plenty of parking and a double garage.

The property has the potential to generate a significant rental income of approximately R70 000 per month.

This property is a rare find in the La Lucia area and is sure to attract investors and tenants alike. Don’t miss out on this brilliant opportunity or for the family that needs a village!

Walking Distance to La Lucia mall and across the road from the Mosque.

Video

Features

Bedrooms 10
Security Yes
Bathrooms 8
Recep. Rooms 5
Floor Size 430m²
Garages 2
Land Size 1,288m²
Carports/Parkings 10
Pool Yes
Pets Allowed Yes
Monthly Rates R14,000.00