Lyndhurst - 15 Bedroom House
15 Bedroom House For Sale in Lyndhurst
Auction: 26th September at 12h30
Zoned Boarding House: 5 Flatlets; 9 Rooms.
Excellent Return On Your Investment: R300,000net P/A.
Currently, Fully Let.
Centrally located in the secure suburb of Lyndhurst, this 2507 sqm strip of land is a developer’s dream. Zoned as a boarding house, this property is made up of 5 flatlets with 9 rooms suitable for comfortable communal living.
The land boasts of not one but two heat pumps for hot water meaning you save large amounts of money on electricity. If that’s not enough, a much-needed borehole has been secured on the property, giving you access to free water - another money-saving feature on the property!!
Bringing in a rental income of R32 000 a month with its shared spaces, massive parking space and easy access to major routes, N3, and shopping facilities - This property will not only save you money but also generate a good investment return.
Address: 180 Sunnyside Road, Lyndhurst
Date: Thursday, 26th of September 2019
Registration and viewing 1 hour prior to the auction