Income generating property in Velddrif.

Income generating property in Velddrif.

With the reduced price, this property is a real bargain at only R2 800 000.

Location: Velddrif, Western Cape, South Africa Distance from Cape Town: Approximately 140 kilometers Property Type: Multi-unit Residential Investment Total Units: 5 Flats (4 Two-bedroom Flats + 1 Single-bedroom Flat)

Overview: Welcome to an exceptional investment opportunity in the picturesque coastal town of Velddrif, nestled along the sought-after West Coast of South Africa. This property boasts five income-generating flats on a single plot, making it an ideal addition to your real estate portfolio. One flat still to be completed.

Property Features:

1. Prime Location: Located just 140 kilometers from Cape Town, Velddrif offers the perfect blend of serene coastal living and easy access to urban amenities. This vibrant fishing village is renowned for its scenic beauty, tranquil surroundings, and outdoor recreational opportunities.

2. Five Distinct Flats:

Four two-bedroom flats offer comfortable living spaces, perfect for families or long-term tenants.

One single-bedroom flat is ideal for singles or couples seeking a cozy and cost-effective living space.

3. Income-Generating Potential: This property is a consistent income generator. The demand for rental properties in Velddrif is high, and with a diversified mix of flats, you can expect a reliable rental income stream. Whether you choose to rent out all units or live in one while leasing the others, this investment offers financial flexibility.

4. Secure and Private: The property is designed with security in mind, providing peace of mind to both you and your tenants.

Don’t miss out on this deal. Call now.