Property description
Lucrative investment opportunity!
Excellent return of investment.
This well maintained, well divided corner property walking distance to Rietondale High, Rietfontein Pavilion and Pierneef Primary offers 4 separate rental incomes with rental contracts in place. All with their own pre-paid electricity and water meters.
Rental unit 1: Seperate house. Rental income R 7000.00
- 2 Bedrooms (MES)
- 2 Bathrooms
- Open-plan kitchen/ lounge/ dining area
- Patio with an enclosed pet friendly garden
- Double automated lock-up garage
- Solar geyser
Rental unit 2: Main house. Rental income R 10 000.00
- 3 Bedrooms
- 2 Bathrooms (MES)
- Kitchen
- Separate lounge
- Front patio with built-in braai
- Enclosed pet friendly garden
- Double automated lock-up garage
Rental unit 3: Flat. Rental income: R 5 900.00
- One Bedroom
- One Bathroom
- Separate kitchen
- Lounge/dining area
- Small fully enclosed pet friendly garden
- 2 Parking Bays in Carport
Rental unit 4: Flat. Rental income: R 4 500.00
- One Bedroom
- One Bathroom
- Open-plan kitchen/lounge
- Small laundry room
- Fully enclosed pet friendly corner garden
- Two undercover parking bays
- Double
- Electric Door
- Carport
- Secure Parking
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
