- 9
- 5
- 250 m2
- 550.0 m2
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Property description
9 Bedrooms | 5 Bathrooms | 5 Kitchens | 4 Lounges | 3 Dining Areas | 550m² Erf | 250m² House
Looking for a property with strong rental-income potential? This spacious double-storey property in Crosby offers an excellent opportunity for investors looking to generate multiple rental incomes from a single erf.
The property is currently configured in a way that effectively provides multiple independent living spaces, making it suitable for rental accommodation, extended-family living or an investor looking to add value through renovations and improvements.
CURRENT CONFIGURATION INCLUDES:
- 3 x 2-bedroom rental cottages upstairs
- 1 x 1.5-bedroom unit upstairs
- 1 x Wendy house, offering additional accommodation or rental potential
- Multiple kitchens and bathrooms to accommodate the various living arrangements
- Four lounges and three dining areas
- Three ensuite bathrooms
- Four parking spaces
The property is fully walled with a security gate and offers a generous 550m² erf, providing additional outdoor space and potential for further improvements, subject to the necessary approvals.
INVESTOR'S NOTE
The property does require TLC and refurbishment, making it particularly suited to buyers who can see the potential to renovate, improve the units and maximise the rental return.
With its existing multi-unit setup, the property offers the opportunity to generate income from several tenants while owning one property, making it an attractive proposition for investors seeking a rental-focused asset in Crosby.
Whether you're an experienced property investor or looking for your first income-generating property, this is an opportunity worth exploring.
Viewings are strictly by appointment. Contact Team HomeWorth - Re/Max Superior to book viewings.
Property Details
- 9 Bedrooms
- 5 Bathrooms
- 3 Ensuite
- 4 Lounges
- 3 Dining Area
Property Features
- Pets Allowed
- Kitchen
| Bedrooms | 9 |
| Bathrooms | 5 |
| Floor Area | 250 m2 |
| Erf Size | 550.0 m2 |
Contact the Agent
Fareed Yousuf
Candidate Property Practitioner