Arborpark, Newcastle, KwaZulu Natal

R 1,952,000

2 Beds | 1.5 Baths | 1 Garage | 1,706 m² Land

Calling all investors! Multi-Tenant Investment Opportunity

Positioned with the back of the property along R34 Allen Street, high-visibility road exposure, this prime commercial and residential property offers an immediate multi-stream rental return with substantial upside potential.

Property Highlights:

Main House is currently operating 2 business from it

There is 4 self-contained Flat lets, 2 x 2 bedroom, 1 bathroom units, 2 x
x 1 bedroom, 1 bathroom units, ideal for generating reliable ongoing rental income.

3 separate entrances for easy vehicle flow, plus ample on-site parking for tenants, business staff and clients.

This is a must see, call me for a viewing.

Key Details

Reference LFPE-18379

Listing type Sale

Property type House

Listing zone Residential

Suburb Arborpark

City Newcastle

Province KwaZulu Natal

Property Details

Bedrooms 2

Bathrooms 1.5

Garages 1

Covered parking 5

Land size 1,706 m²

Alarm system Yes

Fence Yes

Aircon Yes

Garden Yes

Kitchen Yes

Laundry Yes

Lounges 1

Storeys 1

Borehole Yes

Scullery Yes

En-suite bathrooms 1

Flatlets 4

Fireplace Yes

Access gate Yes

Guest toilet Yes

Dining areas 1

Entrance hall Yes

24 Hour Security Yes

Electric fencing Yes

Built-in cupboards Yes

Pre Paid Electricity Yes

Tiles

JoJo tank

Finance

Bond Calculator

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20 Years
Monthly Repayment:
R 0
Total Once-off Costs:
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Min Gross Monthly Income:
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*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Leapfrog Property Group does not accept liability for any damages arising from the use of this calculator.

Disclaimer

While every effort will be made to ensure that the information contained within the Leapfrog Property Group website is accurate and up to date, Leapfrog Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.