EXCLUSIVE INSTRUCTION - Prime Investment Opportunity in Swellendam
EARN WHILE YOU SLEEP!
We are delighted to introduce, on an EXCLUSIVE INSTRUCTION, this Prime Investment Opportunity in Swellendam – Three title deeds sold as one, with massive income-generating potential!
This exceptional property offers a lucrative investment opportunity in a prime location. Spread across three plots, the property includes a mix of established rental units, providing immediate income potential. The existing structures are as follows:
MAIN HOUSE: 3 x Separate bachelor flats. Each unit has its own private entrance and lockable garage, offering tenants both privacy and convenience. These flats are ideal for long-term or short-term rentals, contributing to consistent cash flow.
4 x TWO-BEDROOM TOWNHOUSES: Each of these well-maintained townhouses features an open-plan kitchen and living area, a bathroom, and a garage, offering tenants a comfortable and modern living space. (One of the units has two bathrooms.)
EXTRA BONUS: Municipal approvals, building plans, and open foundations for one more townhouse. With the prepared and trenched open foundations in place, there is an opportunity to expand and add another rental unit to enhance the property’s income potential.
With already established rental income and room for growth, this property is perfect for investors looking to build a rental portfolio in Swellendam. Don’t miss out on this incredible opportunity!
Contact us for a viewing. At Chas Everitt, we can assist you with the management of your rental assets. Your one-stop property shop.
Swellendam is a small and friendly town set at the foot of the Langeberg mountains in the Overberg district of the Western Cape. Located along the N2 almost exactly halfway between Cape Town and George, it is also the third-oldest town in South Africa (established in about 1745) and is renowned for having a large number of heritage sites and excellent examples of Cape-Dutch architecture.
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.