R3,695,000

R3,695,000

10 Bedroom Freehold For Sale in Lotusville
10
Bedrooms
5
Bathrooms
1
Garages
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Great investment opportunity - 841m² property for sale in Lotusville, Verulam

Web Ref. DPR26955
Land size 841.00 m²
Monthly Bond Repayment
R36,890.13
Great investment opportunity - 841m² property for sale in Lotusville, Verulam

Dormehl Phalane Musgrave presents an exciting investment opportunity - a property, with multiple-rental income potential, for sale in Lotusville, Verulam.

This 841m² property would be ideal for an investor, large extended families, or for student accommodation, with value-adding opportunities.

The building has four units, each offering two-bedrooms, one bathroom and a kitchen and open-plan lounge and dining area. The property also offers an incomplete, 100m² area that is being used as a commercial space, but could be turned into a three-bedroom, two-bathroom, open-plan simplex. There is parking for three cars for this unit, as well as an open-plan lounge and dining area.

Overall, the property offers eight open-bay parkings and one lock-up garage.

Note that rates are about R1 700 monthly.

For further details, or to schedule a viewing, please contact Nirvana.
Monthly Rates R1,700

Features

Interior
10 Bedrooms
5 Bathrooms
5 Kitchens
5 Lounges
5 Dining Rooms
Exterior
1 Garage
8 Parkings (Secure Parking)
Security
Sizes
Land Size 841 m²
Listing Info
Date Listed 24-08-26

Disclaimer

While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane 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.