This remarkable investment opportunity offers a property comprising of 4 units, collectively generating a monthly rental income of R31,000. Perfectly designed for tenants seeking comfort and convenience, each unit is thoughtfully laid out to cater to a variety of needs.
Property Breakdown:
- Unit 1:
2 bedrooms
Study
1 bathroom ( shower, toilet , basin )
kitchenette
lounge
- Unit 2 :
2-bedrooms
1.5 bathrooms ( shower, toilet, basin + guest toilet )
lounge with fireplace
spacious kitchen with caesarstone tops, ELO +hob
- Unit 3 (Double Storey):
3 bedrooms or 2 bedrooms + a study
3 bathrooms ( 2 x shower, toilet, basin , 1 x bath basin, toilet )
Open plan lounge & kitchenette
2nd lounge
Deck off main bedroom
Unit 4:
1 bedroom with a full en-suite bathroom
A loft room overlooking the lounge area, perfect for a workspace or guest accommodation
Kitchenette
Entrance area could be utilized for an office space or sun lounge
Features and Amenities:
• Outdoor Spaces: Each unit enjoys its own private patio, perfect for relaxing or entertaining.
• Communal Areas: Tenants can unwind in the communal garden or take a dip in the pool.
• Parking: A 4-car tandem garage provides ample parking space for tenants.
• Access – there are 2 entrances to the property for added convenience
This property combines excellent rental income potential with tenant-friendly amenities, making it a prime investment opportunity. Located in a desirable area, close to Kloof schools with easy access to local amenities, it’s ideal for long-term financial growth.
The current tenants have been in occupation for the past 5 years.
Don’t miss the opportunity to own this income-generating gem! Contact me to schedule a viewing soon!
Area ratings do not reflect Qwengo's opinion or view. This information is provided by third parties.
Consume | Value spend |
---|---|
Deposit (R) | 17 |
Payment term (R) | 25 |
Interest rate (R) | 3 |
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.