Amalinda - MR716964

House in Amalinda, East London, Eastern Cape

7
7
330m2
Amalinda - MR716964
House in Amalinda, East London, Eastern Cape
7 Bedroom House  - MR716964
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New Listing

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Key Features

Rooms

  • 7 Bedrooms
  • 7 Bathrooms

More Features

  • Property Type - House
  • Seller Type - Private Property
  • Erf Size - 330m2

MyRoof Stats

  • 4 Views
PID=716964 DID=740988 SID=1

Prime Investment Opportunity in Amalinda Forest: 3-Bedroom House + 4 Income-Generating Flats!

Looking for a property that pays for itself? Located in the highly sought-after suburb of Amalinda Forest, this versatile property is a goldmine for savvy investors or families looking to subsidize their bond repayments.

With four fully tenanted bachelor flats already generating an income of approximately R10,000 per month and exceptionally low monthly rates of just [hidden], this property offers an incredible return on investment.

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The Main House

Comfortable and spacious, the main dwelling is perfect for family living or could be rented out for even higher returns:

• 3 Bedrooms: Well-sized rooms featuring built-in cupboards.

• Living Space: A welcoming, cozy lounge area.

• Bathroom: A neat, full family bathroom.

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Income-Generating Bachelor Flats (x4)

These fully occupied units are a ready-made income stream. Each flat includes:

• Its own private kitchenette.

• A dedicated bathroom and toilet.

• Smart Utilities: All four units share a convenient prepaid electricity meter, making utility management seamless.

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Security & Extras

• Peace of Mind: The property is fully walled and secured with a remote-controlled gate.

• Parking: Includes a secure lock-up garage.

• Water Savings: Equipped with a JoJo tank for backup water storage.

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The Choice is Yours: Live in the main house and let the flats pay off your bond, or accommodate your extended family with ease!

Properties with this level of cash flow and low overheads are rare.

Call today to arrange your exclusive viewing and secure this investment!


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