- 4
- 2
- 1
- 6 210.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 2580.00
Property description
An exciting income-producing property offering multiple rental opportunities on one spacious, level stand.
Currently generating approximately R18,000 per month in rental income , with potential, subject to improvements and market conditions, to increase the combined rental income to approximately R24,000 per month .
The main house offers 3 well-sized bedrooms with built-in cupboards, plus a 4th bedroom that can easily be used as a study or home office. The home features a fully fitted kitchen with a separate laundry area, excellent cupboard space throughout, air-conditioning in the main bedroom, and two bedrooms opening directly onto the garden.
A covered entertainment area with a built-in braai provides a great space for relaxed outdoor living.
Adding to the investment appeal are 3 separate one-bedroom cottages , each offering a lounge, bedroom and bathroom, plus an additional bachelor flat .
The property offers plenty of parking, a large level stand and excellent scope for further upgrades and improvements.
Whether you are looking to expand your investment portfolio or secure a property with multiple income streams, this is a must-see at this price.
Contact Adri Vermeulen - RE/MAX Midlands to arrange your viewing.
Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.
Property Details
- 4 Bedrooms
- 2 Bathrooms
- 1 Garages
- 1 Lounges
- 1 Dining Area
Property Features
- Pets Allowed
- Access Gate
- Kitchen
- Garden
- 1 bedroom flatlet
- bachelor flatlet
| Bedrooms | 4 |
| Bathrooms | 2 |
| Garages | 1 |
| Erf Size | 6 210.0 m2 |
