Are you interested in inspecting this property?
Get in touch to request an inspection.
- Photos
- Floorplans
- Description
- Ask a question
- Location
- Next Steps
Block of Units for Sale in Mission River
Investment Opportunity: Fully Leased Residential Portfolio on One Title
- 11 Beds
- 7 Baths
- 11 Cars
Additional Information:
More InfoProudly presented to the market by 'The Ray Murphy Team', this fully leased residential complex is offered on one title and positioned on a substantial 2,704m² landholding, presenting a high-quality investment opportunity with immediate income and strong long-term holding appeal.
Comprising six residences in total, the property delivers a diversified tenancy mix supported by generous on-site parking, storage infrastructure, and a low-density layout across an expansive allotment, ideal for investors seeking stable cash flow at scale.
Property Configuration:
4 x Two-bedroom, one-bathroom units
• Located across two levels, with two units on the ground floor and two on the first floor
• Two well-proportioned bedrooms
• Well-appointed kitchen with free-standing stove/oven
• Combined bathroom and laundry
1 x One-bedroom, one-bathroom unit
• Positioned on the ground level at the end of the building
• One spacious bedroom
• Open-plan living and dining area
• Central kitchen with free-standing stove/oven
• Combined bathroom and laundry
• Private patio
1 x Two-bedroom, two-bathroom house
• Fully detached from the unit complex
• Two bedrooms with built-in robes, each with a contemporary ensuite
• Spacious kitchen with ample bench and cupboard space
• Open-plan living and dining with split-system air conditioning
• Undercover patio
• Security screens and tiled throughout
• Separate laundry with additional storage
Additional Features:
- Land area: 2,704m²
- Solid brick construction
- Storage sheds
- Double carport at the front of the property
- Undercover entertaining area connected to the unit building
Tenancy & Income: All dwellings are currently leased
• 3 Deplanchea (House): Currently achieving $3,476.19 per month
• Unit 1: Currently achieving $2,498.51 per month
• Unit 2: Currently achieving $2,607.14 per month
• Unit 3: Currently achieving $2,498.51 per month
• Unit 4: Currently achieving $550.00 per week
• Unit 5: Currently achieving $2,172.62 per month.
The area is predominantly residential, supporting a stable, employment-driven tenant base. Residents benefit from access to essential amenities, including shopping, health services and nearby educational facilities at Western Cape College. The surrounding tropical coastal environment enhances overall liveability and reinforces the area's appeal as a long-term residential location with limited rental supply.
Contact 'The Ray Murphy Team' today to register your interest.
Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.
2,704m² / 0.67 acres
3 carport spaces and 8 off street parks
11
7
Additional Information:
More InfoThis property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Agents
- Loading...
- Loading...
Loan Market
Loan Market mortgage brokers aren’t owned by a bank, they work for you. With access to over 60 lenders they’ll work with you to find a competitive loan to suit your needs.