Flats for sale in Delft South, Cape Town
INVESTMENT PROPERTY FOR SALE – DELFT SOUTH
Fully tenanted • Multiple rental units • Established monthly income
Excellent investment opportunity in Delft South, Cape Town!
This income-generating investment property offers multiple rental units, providing an opportunity for investors seeking consistent monthly rental income. The property is conveniently located close to government schools, public transport, Gole Supermarket, Delft Mall and law enforcement services.
Property features
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4 rental rooms with a shared toilet.
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2 studio flats renting at R2,500 each per month.
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2 studio flats renting at R2,800 each per month.
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1 one-bedroom flat with a kitchen and a bathroom fitted with a shower, toilet and basin.
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2 garage parking spaces.
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Additional parking available at R200 per car per month.
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All rental units are currently occupied by tenants.
Monthly rental income
|
Rental unit |
Monthly income |
|---|---|
|
4 rooms × R1,500 |
R6,000 |
|
2 studio flats × R2,500 |
R5,000 |
|
2 studio flats × R2,800 |
R5,600 |
|
1 one-bedroom flat |
R3,500 |
|
Total rental income |
R20,100 |
ESTIMATED MONTHLY CASH FLOW
Monthly rental income
R20,100
Bond repayment
−R11,000
Balance after bond repayment
R9,100
Before municipal charges, maintenance, insurance, taxes, vacancies and other operating expenses. Parking income is excluded because the number of paying parking spaces has not been confirmed.
Why invest in this property?
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Rental income from multiple tenants.
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All units are currently tenanted.
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Convenient access to schools, shopping facilities and public transport.
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Potential to build long-term wealth through rental income and property ownership.
Contact us today for more information or to arrange a viewing!
One important correction: The individual rents add up to R20,100, not R20,500, excluding parking income. If the additional R400 comes from parking, the total of R20,500 would be correct.
Features
Rooms
Amenities
Single door
2 cars parking
Bedroom
Bathroom
Kitchen
Lounge
Amenities
Finance
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Disclaimer
While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group 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.