Property description
This property is situated on Pretoria Street in Troyeville, conveniently located near Jeppestown, Maboneng, and Kensington. It is ideal for investors seeking a potential monthly rental income of R14,000 from all nine rooms. Currently, three rooms are occupied by reliable tenants. The rental management is handled by a reputable company that ensures high standards.
While the property may benefit from some minor renovations to attract additional tenants, we have intentionally priced it lower to give you, the buyer, the opportunity to invest in improvements without stretching your budget. The tenants enjoy a communal living arrangement, sharing the bathrooms, open spaces, and kitchen, and the property features two main entrances with a secure locked gate.
Contact us now for more information and to schedule a viewing!
- Freehold
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
