This property boasts a main house with 3 cozy bedrooms and 1.5 bathrooms, perfect for a family. In addition to the main house, there are 4 separate 2-bedroom units, each with 1.5 bathrooms, providing plenty of space for tenants or extended family. All units have pre-paid electricity and there is a backup water supply with a Jojo tank and pump. The property also features an outside toilet for the caretaker's convenience.
This property presents an excellent investment opportunity, with a total income of approximately R21,000 per month. Each 2-bedroom unit is currently rented out for R3,900, making this a great source of passive income. Don't miss out on the chance to own this versatile property with a great rental income potential.
The property is situated in a convenient location, with easy access to main roads and public transportation. The neighborhood is peaceful and secure, providing a safe and comfortable living environment for tenants.
The main house is well-maintained and features modern finishes, including stylish tiling and elegant fixtures. The bedrooms are spacious and comfortable, with ample natural light and ventilation. The bathrooms are also modern and well-appointed, providing a luxurious touch to the entire property.
Each of the 2-bedroom units is well-designed, with an open-plan living and dining area that flows seamlessly into the kitchen. The bedrooms are comfortable and cozy, with built-in cupboards for convenient storage. The bathrooms are also modern and well-maintained, ensuring that tenants have a comfortable and enjoyable living experience.
In addition to the pre-paid electricity and backup water supply, the property also features a secure boundary wall and ample parking space for tenants and visitors. The outside toilet for the caretaker is an added bonus, ensuring that the property is always clean and well-maintained.
Overall, this property presents an excellent investment opportunity, with a great rental income potential and a convenient location. It is perfect for investors looking to expand their property portfolio, or for families looking for a comfortable home with an additional source of income.
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
