R9,500,000

R9,500,000

40 Bedroom House For Sale in Amalinda
40
Bedrooms
22
Bathrooms
No Transfer Duty
Andre Goosen
Andre Goosen

Large investment property offering multiple tenanted units with income!

Web Ref. ELO-RS00680
Land size 2383.00 m²
Floor size 1994.00 m²
Monthly Bond Repayment
R93,256.12
Discover a standout investment opportunity in Amalinda, East London—perfectly suited for a VAT-registered buyer looking to maximise returns. This well-positioned, income-generating property offers a diverse mix of residential units designed to appeal to a wide tenant base, ensuring consistent occupancy and strong rental yield.
At the heart of the property lies a spacious double-storey main house, complemented by three additional residential units located directly behind it. Expanding the income potential even further, there are two separate residential blocks positioned at the rear: one block on the right comprising eight units (four upstairs and four downstairs), and another on the left offering four units (two upstairs and two downstairs). Altogether, this multi-unit setup provides excellent scalability and flexibility for investors.
The units vary in size and layout, ranging from comfortable two-bedroom, one-bathroom options to larger three-bedroom, two-bathroom homes—ideal for accommodating different tenant needs, from small families to working professionals.
Security and accessibility are key highlights of the property. It is fully enclosed by high boundary walls topped with barbed wire, offering peace of mind for both owner and tenants. Access is controlled via a pedestrian gate and two remote-controlled vehicle entrances. The property also features paved driveways leading to the various units, a double carport, and an impressive 13 open parking bays to comfortably accommodate residents and visitors.
This is a rare opportunity to acquire a well-structured, high-density rental property in a sought-after area. Don’t miss out—schedule a viewing today and explore the full potential this exceptional investment has to offer.
Monthly Rates R2,580

Features

Interior
40 Bedrooms
22 Bathrooms
16 Kitchens
18 Lounges
1 Dining Room
Exterior
19 Parkings
Pet Friendly
Sizes
Land Size 2,383 m²
Floor Size 1,994 m²
Additional Amenities
Satellite Dish
Smoking Allowed
Family / TV Room
Access Gate
Fence
Paveway
Listing Info
Date Listed 27-06-23
Time Listed 06:55

Finance

Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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Disclaimer

While every effort will be made to ensure that the information contained within the Century 21 South Africa website is accurate and up to date, Century 21 South Africa 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.