364 m² residential vacant land for sale in Beverly Park, 1KV1716386

Detalhes

This 364 m² plot in Beverly Park offers an exciting opportunity for investors. On the property are uncompleted six one-bedroom flatlets with the approved plans making provision for another six units making it a total of 12 units. When the flatlets are completed it has the potential to generate a monthly rental income of R5000 each. While the units are not yet completed the groundwork has been laid, saving both time and effort in the building process. Conveniently located within walking distance of schools, public transport, shopping facilities, and other essential amenities, this property is perfectly positioned to attract future tenants. With vision and finishing touches, this property has the potential to be transformed into a highly profitable rental investment, perfectly suited for the growing demand for affordable housing.