Calling All Investors – A Property with Excellent Income Potential!
This gem has so much to offer! Ideally suited for investors, this versatile property provides multiple income-generating opportunities.
The main house offers 2.5 bedrooms, 1 bathroom, a spacious lounge and a well-sized kitchen. In addition, the property features a bedsitter and 4 outside rooms, providing excellent potential for rental income.
There is also a separate building that can be utilised for business purposes, adding even more versatility and income potential to this property.
With the right rental strategy, the property has the potential to generate in excess of R20,000 per month.
Situated on a 571m² erf, this is an excellent opportunity for an investor looking to expand their property portfolio and maximise rental returns.
Don’t miss out on this income-generating investment opportunity
The main house offers 2.5 bedrooms, 1 bathroom, a spacious lounge and a well-sized kitchen. In addition, the property features a bedsitter and 4 outside rooms, providing excellent potential for rental income.
There is also a separate building that can be utilised for business purposes, adding even more versatility and income potential to this property.
With the right rental strategy, the property has the potential to generate in excess of R20,000 per month.
Situated on a 571m² erf, this is an excellent opportunity for an investor looking to expand their property portfolio and maximise rental returns.
Don’t miss out on this income-generating investment opportunity
Monthly Rates
R1,259
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
Lennox Estate, East London
- Street map
- Street view
- Amenities
- Schools
Filling Station
0.38 km - TotalEnergies Facilities Management Company
0.60 km - BP
0.66 km - TotalEnergies Southerland
Bus Station
0.65 km - Bus Stop
0.69 km - Bus Stop
0.72 km - Bus Stop
Hospital/Clinic
0.49 km - Rehab
0.56 km - Tudor Court Medical Centre
0.58 km - Dr Lankester
Police Station
0.45 km - South African Police Service Duncan Village Police Station
1.12 km - South African Police Service - Wynne Street
1.24 km - South African Police Service
Shopping Centre
0.37 km - Oriental Plaza
0.62 km - Convenience Centre
0.71 km - Forbes John Pharmacy
0.14 km - Lilitha College Of Nursing
0.44 km - Learn and Play Junior Academy
0.45 km - Knowtech Christian College
0.46 km - Michiefield Primary
0.46 km - Learn and Play Pre Primary
0.48 km - Ebenezer Retreat Children' Home
0.49 km - Arcadia Primary School
0.49 km - Olive Tree Institute
0.50 km - Ariston Pre School
0.51 km - Ariston Christian School
0.55 km - MSC Business College
0.59 km - Centre of Excellence
0.60 km - Saint John's Road Primary School
0.70 km - Sinovuyo Secondary School
0.93 km - Academy High School
Average sold property price in Lennox Estate
Freehold
Sectional Scheme
Vacant Land
Freeholds
R810,000
100.0%
Average price
1
100.0%
Transfers
Sectional Titles
R
0%
Average price
0
0%
Transfers
Estates
R
0%
Average price
0
0%
Transfers
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty website is accurate and up to date, Lew Geffen Sotheby's International Realty 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.
