8 Bedroom House in Mkhondo (Piet Retief)

Investment Opportunity Multi-Unit Property with Rental Income!This versatile and income-generating property offers an investment opportunity on a spacious 2414sqm corner stand with views over the Tourism Centre. Ideally located close to PR High School and N2 Woodhill Mall, it combines convenience, space, and strong rental potential.The property consists of two main houses, both subdivided into multiple income-producing units:The first house is divided into two separate units, each offering 2 bedrooms, 2 bathrooms, a lounge, and a kitchen. There is a separate bachelor unit as well.The second house is divided into three 1-bedroom flats, each with its own bathroom and kitchenette.In total, the property is configured into 6 rentable units, each fitted with its own prepaid electricity meter, ensuring easy management. All units need upgrading.Additional Features:2414sqm corner stand with large garden and development potential6 carports for tenant parkingPrepaid meters in all unitsScenic views of Tourism CentrePrime location near schools and major amenitiesSolid rental income potentialProperty offers scope for upgrading and increased returnsThis is an ideal opportunity for investors looking to expand their portfolio or add value through improvements and further development.Contact us today to arrange a viewing or to find out more. Show more Show less