11 Bedroom Freehold For Sale in Pennington - 1-5 5 ADRIENNE AVE 5 Adrienne Avenue, RLS945287

Details

Investment opportunity with good rental income from 5 units.

This centrally located property is a remarkable investment opportunity, comprising five distinct apartments with a range of one to three bedrooms and rentals are R6000 to R8000 per month. Each unit is available for individual lease and welcomes pets, making it an attractive option for a variety of tenants. Some of the apartments feature spacious gardens and come equipped with essential appliances, adding to their appeal. Prospective buyers should be aware that they will need to honour the existing leases currently in place. The apartments boast beautiful finishes, and residents benefit from pay-as-you-go electricity and the convenience of gas stoves. For security, the property offers outside parking bays within a fully walled perimeter, complete with an electric fence. Notably, the top unit enjoys a wonderful patio with sea views and a built-in braai. For those seeking an excellent investment opportunity, don't hesitate to contact me to arrange a viewing of this property. The beach and shops are within walking distance. There is so much to do in the village of Pennington from fishing, beach walks, bird watching in the Umdoni forest where one can do some amazing hikes and mountain bike trails. For the golfers there are 3 courses right on your doorstep. Pennington is the Jewel of the KZN South Coast. Be sure to contact me view this property.