Maitland · House For Sale
4 Bedroom House For Sale in Maitland
- R 2,250,000
- 4 bd
- 3 ba
- 542 m²
Exclusive Mandate | Welcoming Offers from R 2 250 000
Welcome to a lucrative investment opportunity in the heart of a thriving Maitland!
This four-room property, nestled within a GR4 zoning, promises steady cash flow for savvy investors. Each room boasts its own exclusive lease agreement, ensuring a consistent monthly income of +/- R4000 - R5000 per Room. The property's unique layout offers privacy and independence to its tenants, making it a popular choice among renters. What sets this investment apart are its three fully equipped kitchens catering to the diverse culinary needs of the residents and four bathrooms, enhancing their overall living experience.
Current rental income = R16 500 (+/- 8.1% yield)
Area average capital growth = +/- 6% per annum
Total ROI = +/- 14.1% per annum
One of the property's standout features is its thoughtful design, comprising not only the private rooms but also three well-appointed kitchens and four bathrooms. These shared spaces are meticulously maintained, fostering a sense of community among the residents while providing convenience and comfort. With kitchens that can accommodate various cooking styles and ample bathroom facilities, the property ensures that residents' needs are met comprehensively. Such amenities contribute significantly to tenant satisfaction, making it an attractive proposition for those seeking affordable, yet high-quality living spaces.
For investors with an eye for potential, this property offers an excellent opportunity to diversify and expand their real estate portfolio. The stable monthly rental income coupled with the property's strategic location in a GR4 zone makes it an ideal choice for those looking to increase their investment holdings substantially. The property's current combined rental income of around R16,500 per month provides a robust foundation for a reliable revenue stream. As the property market continues to evolve, investing in such income-generating assets can secure your financial future and foster wealth creation over the long term.
In the competitive landscape of real estate investments, this four-room property stands out as a wise choice. Its GR4 zoning ensures flexibility and potential for future development, while the individual lease agreements provide stability and security. The presence of multiple kitchens and bathrooms not only enhances the residents' quality of life but also adds significant value to the property. Whether you are a seasoned investor or someone venturing into the real estate market for the first time, this property offers a compelling opportunity to yield substantial returns on your investment. Don't miss the chance to secure a prosperous future by adding this gem to your investment portfolio today.
Rates: TBC
Lease Agreements for all tenants in place
GR4 Zoned
Asking R2 250 000
Do not miss out on this Investment Build!
Contact the agents to arrange a viewing*
Property Information & Features
- Property Type
- House
- Listing Type
- For Sale
- Location
- Maitland, Cape Town
- Price
- R 2,250,000 · Get Pre-Qualified
- Price per m²
- R 4,151
- Floor Size
- 188 m²
- Erf Size
- 542 m²
- Bedrooms
- 4
- Bathrooms
- 3
- Pet Friendly
- Yes
- Security
- Yes
Map & Nearby
Price Trends · Maitland, Cape Town beta
Select filters to see average property values
The current average rental price for a studio in Maitland on ImmoAfrica.net is R 6,300
The current average sales price for a 2 bedroom property in Maitland on ImmoAfrica.net is R 790,333
The current average rental price for a 2 bedroom property in Maitland on ImmoAfrica.net is R 8,200
The current average sales price for a 1 bedroom property in Maitland on ImmoAfrica.net is R 565,083
The current average sales price for a 3 bedroom property in Maitland on ImmoAfrica.net is R 1,246,875
The current average sales price for a 4 bedroom property in Maitland on ImmoAfrica.net is R 2,250,000
The current average sales price for a 5 bedroom property in Maitland on ImmoAfrica.net is R 2,550,000
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
| Bedrooms | Buy | Rent |
|---|---|---|
| Studio | R 6,300 | |
| 1 Bed | R 565,083 | |
| 2 Bed | R 790,333 | R 8,200 |
| 3 Bed | R 1,246,875 | |
| 4 Bed | R 2,250,000 | |
| 5 Bed | R 2,550,000 |
| Bedrooms | Buy | Rent |
|---|---|---|
| Studio | R 191 | |
| 1 Bed | R 16,577 | |
| 2 Bed | R 9,744 | R 148 |
| 3 Bed | R 9,294 | |
| 4 Bed | R 4,151 | |
| 5 Bed | R 8,019 |
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