- 10
- 10
- 598.0 m2
Monthly Costs
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Property description
Ten-Flatlet Investment Property in Northcrest, Mthatha
REMAX Border presents an exceptional investment opportunity in Northcrest, Mthatha. This multi-unit residential property comprises ten flatlets, each with its own ensuite bathroom, offering substantial income-generating potential. The property sits on a 598 sqm erf and is ideally positioned in a quiet neighbourhood with convenient access to public transport and local amenities including Northcrest shopping centre and nearby schools.
This property is specifically designed to meet diverse accommodation needs. Whether you are a property investor seeking reliable rental income, a developer looking to expand your portfolio, or an organisation requiring student or workforce accommodation, this development delivers proven returns. Each flatlet is self-contained with dedicated bathroom facilities, maximising occupancy rates and tenant satisfaction. The configuration supports flexible management options, from long-term residential leasing to corporate housing arrangements.
Key Features
Ten self-contained flatlets with ensuite bathrooms
598 sqm erf in established residential area
Kitchen facilities and garden access
Pet-friendly policy
Burglar bars for enhanced security
Proximity to shopping, schools, and public transport
Strong rental income potential
Located in an accessible neighbourhood with established infrastructure, this property offers immediate income generation and long-term appreciation potential. The asking price of R1,750,000 represents excellent value for serious investors. Contact REMAX Border today to arrange a viewing and explore this affordable investment opportunity with significant growth potential.
Property Details
- 10 Bedrooms
- 10 Bathrooms
Property Features
- Pets Allowed
- Kitchen
- Garden
- Tiled Roof
- Aluminum windows
- Tile/Laminated floor
| Bedrooms | 10 |
| Bathrooms | 10 |
| Erf Size | 598.0 m2 |
Contact the Agent
Patrick Jali
Candidate Property Practitioner
