Income-Producing Residential Property in Freemanville, North West
This well-located residential property comprises four semi-detached units, all fully occupied, offering stable rental income and a solid investment opportunity in Freemanville.
Location
Situated at 33 Muller Street, Freemanville, this property is located in a residential area of the North West province. The suburb is established with nearby amenities and is well-connected to surrounding communities.
Residential Space
The property features four semi-detached residential units, each providing comfortable living space for tenants. All units are currently fully let, providing consistent income.
Improvements
The property sits on an extent of approximately 1,487 m² with a total gross building area of ±415 m². Key improvements include a boundary wall, four separate entrances, and a swimming pool, enhancing both security and tenant amenities.
Parking
Each unit has dedicated parking spaces, in addition to the single detached garage, ensuring convenient parking for tenants and visitors.
Yard / Outdoor Space
The property includes a swimming pool and open outdoor areas, providing additional amenities for tenants.
Security
The property is enclosed with a boundary wall, offering privacy and security for all four units
Neighbourhood
Freemanville is a mature residential suburb in North West, characterized by similar residential properties. The area offers access to local amenities, schools, and transport routes.
Tenancy
All four semi-detached units are fully occupied, generating steady rental income, making this a reliable investment.
Conclusion:
This residential investment property represents a rare opportunity to acquire a fully occupied, income-producing asset in Freemanville, North West. With four semi-detached units, dedicated parking for each unit, a detached garage, a swimming pool, and secure boundary walls, the property offers steady rental income and long-term investment potential. Don’t miss the chance to secure this well-located residential asset in an established suburb.