GREAT INVESTMENT OPPORTUNITY

Engel & Völkers presents 6 separate units, each comprising 2 bedrooms, 1 bathroom, a kitchen, a lounge, a balcony/patio, and 1 parking bay. This setup is attractive as it offers decent living space and amenities suitable for tenants. All 6 units are currently occupied by tenants. This is positive as it provides immediate rental income without vacancy concerns. The estimated monthly rental income ranges between R24,000 and R30,000. This variation might be due to different rental rates for each unit or occasional fluctuations in occupancy. Electricity and water are pre-paid. This setup is advantageous for both landlord and tenants. Landlord: Ensures consistent cash flow as utility costs are paid upfront. Tenants: Helps in budgeting, as they have control over their utility expenses and can manage their consumption accordingly. Full occupancy reduces vacancy risks, providing a stable income stream. The monthly rental income range of R24,000 to R30,000 suggests strong potential returns, depending on local market conditions and rental demand. Regular maintenance and upkeep will be necessary to ensure tenant satisfaction and preserve property value. Properties with multiple units are often appealing to investors due to diversified rental income and potential economies of scale in management and maintenance. To assess the investment further, consider calculating key financial metrics such as gross rental yield (annual rental income divided by property value) and net rental yield (annual rental income minus expenses divided by property value). This will help in evaluating the property's profitability and comparing it with other investment options. Overall, this property appears to be a promising investment with stable rental income, pre-paid utilities benefiting both tenants and landlord, and potential for long-term returns depending on local rental market conditions and management efficiency.