House For Sale in George, George

ref# 2392
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Asking Price : R 2 860 000 (139 172 EUR*)

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Province:Western Cape City:George Suburb:George Bedrooms:7 Bathrooms:5 Garages:1 Erf Size: ± 649 m2 Floor Size: ± 395m2

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  • Maggie Storm, estate agent

    Agent : Maggie Storm

     +27 (0)82 874 6258
     +27 (0)44 873 0550
     whatsapp agent
      maggie@francoproperties.com
    View all agent's properties

Investment property in George Central.

Investment Property offering a main house and 3 additional units, currently rented out, providing a steady stream of additional income. Each of these units has private entrances and secure, undercover parking behind remote-controlled security gates.

Main house: 3 Bedrooms, lounge, kitchen, full bathroom and a huge outside living/braai area.
Unit 1 consists of an open plan lounge with a kitchenette, 2 bedrooms, and a bathroom.
Unit 2 has 1 bedroom, a bathroom and an open plan lounge with a kitchenette.
Unit 3 has 1 bedroom, a bathroom and a kitchenette.
The current monthly income for the 3 units is R19, 000.00 per month. The main house could generate a rental income of
R 9000.00 pm.
The property is fully walled with balustrades, security gates, and electric fencing and is neatly paved all around with additional 5 covered parking bays behind remote controlled security gates.