This property looks pedestrian until you examine it closely!
Folks! Bullet proof investments are seldom flashy,accompanied by bells & whistles. This property is a perfect example;
Cashflows from rentals
Title Deed leverage ( for the business person)
Fully tenanted and steady return on investment with a yield @10% annually at current asking price. Collecting $18k per With change of use application,and consent ,can be converted to a playgroup/ kindergarten - better ROI.
OR
Buy, and finish the conversion to sectional title ( via Notarial Deed - drafted ,Title survey done) creating undivided land shares ,refurbish amd sell piecemeal for a trading profit in the next 6 months.
The property - A 6 unit garden flats complex set in the heart of Old Ruwa. All units under currently under Title Deed.
2 Units; Detached 3 bed ,open plan kitchen ,lounge ,dining area, separate toilet and bathroom.
4 Units; Semi- detached 3 bed ,open plan kitchen ,lounge , dining area ,separate toilet and bathroom.
Garden tools shed
Complex has a good borehole serving all the six units.
Walled and gated