23/09/2025
Investment Opportunity: 4 x 2 Bedroom
Units in Umtata, Payne
Seize this exceptional investment opportunity in the thriving area of Umtata, Payne.
This property features four well-appointed 2-bedroom units, perfectly positioned for
both convenience and strong rental demand.
Prime Location
Strategically located, the property offers excellent accessibility, being in close
proximity to the N2 highway and the bustling Ultra City. Furthermore, its walking
distance to the main taxi route ensures easy commuting for tenants, making it a
highly desirable address.
Unit Features
Each of the four units is designed for comfortable living, offering:
Spacious Bedrooms: Each unit boasts large bedrooms, generously sized at 6x3
meters, providing ample personal space. Please note that units are currently
without built-in wardrobes, offering tenants the flexibility to customize.
Private Facilities: Every unit includes its own shower and toilet, ensuring
privacy and convenience. Each is equipped with an individual geyser for hot
water supply and a prepaid electricity box, allowing for efficient utility
management.
Property Potential
Situated on a substantial 40x40 meter plot, this property presents significant future
potential. There is still ample building space available, offering opportunities for
further development or expansion, subject to necessary approvals. Additionally, a
dedicated storage/caretaker room is conveniently located near the gate, adding
practical value to the premises.
This investment promises attractive returns:
Potential Monthly Rental Income: An impressive R16,000 can be generated
monthly, highlighting the strong income-generating capacity of the property.
Asking Price: Offered at a competitive R750,000, this property represents
excellent value for a savvy investor looking to capitalize on the robust rental
market in Umtata, Payne.
Don't miss out on this lucrative opportunity to expand your property portfolio!
Contact us to day to secure a viewing.
O813780347
[email protected]