Investor!! In the heart of the city, Gqeberha's most vibey suburb, Richmond Hill presents a home with three separate one bedroom units.
One could live in the loft apartment and earn rental income from the other two units or an investor could sit back and let the cash flow roll in.
Current rental income is R8610 per month, fully let.
Rates and taxes is R1067 per month.
The front door opens into a foyer shared by the front house two unit.
A secured open plan one bedroom, big lounge, kitchen and bathroom on the ground floor.
The first floor has a separate bedroom that opens onto the balcony which has sea views. The huge lounge and kitchen is open plan. One could possibly partition off a second bedroom.
The property has a one bedroom double story flatlet at the back with a separate entrance. TV room and bathroom on ground floor and one bedroom upstairs.
The front of the building needs a bit of paint. The owner has spent quite a bit maintaining the livable tenanted areas. Trafalgar Property collects that rentals and does the overall management.
Book a private viewing to have a look at this gem of a property.