House for sale in Mthatha Central

Have you been looking for the opportunity to invest in an income generating property? We have just listed this elevated residential property in the heart of Southernwood for you .Close to Pick "Pay shopping centre, schools and church.

This property boasts the land size of 2.3876 hectares and is offering eight dwellings. On the first entrance you will find a house and two flats. On the second entrance there are five dwellings offering exclusive amenities including 15 well appointed en-suite bedrooms, each with modern fixtures and finishes, kitchenette and use of the common areas including open plan lounge/ dining areas. All rooms in all dwellings have built-in cupboards.

All dwellings are occupied with tenants. The property is offering long term stay opportunities for tenants and elevating the profitability and also ensuring healthy cash flow. Monthly rental turnover is R60K and yearly rental income is plus/ minus One Million Rand.

There is also a huge land with magnificent views of the green and meticulous finishes this property is sure to transcend even the most discerning expectations.

The entire yard is walled around and security includes burglar bars and remote gates. Interested to buy this property? Do not hesitate to call me if you want more information about the property.