FANTASTIC INVESTMENT PROPERTY !
EXCELLENT VALUE FOR MONEY !
MODERNIZED HOUSE AND 4 RENTAL UNITS !
(ALL FULLY TENANTED)\
HUGE DEMAND FOR THESE BACHELOR / 1 BEDROOM UNITS !
All with Own Pre Paid Meters
TWO SEPARATE ACCESS GATES ! !
OWNER RELOCATING !! OFFERS FROM R1 650 000 SOUGHT ! ******
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THIS EXCELLENT INVESTMENT PROPERTY OFFERS:
Main House
3 Sunny and Spacious Bedrooms
2 Bathrooms - Main En Suite
Large Family Room with Aircon, Sliding Doors to Balcony
Stylish and Modern Open Plan Dining Room
Brand NEW MODERN Kitchen, Separate Laundry / Scullery area
Separate Entrance to Property - Long drive way - can easily add Carport for 4 Cars
Flatlets
4 x 1 Bedroom Units - Modernized and Spacious, With Kitchen and Bathrooms Open Plan Layout Lounge / Dining Room
Pre Paid Facilities
Ideally located close to Curo Pvt School in Parkdene and the N17 on ramp !
CURRENT INCOME OF R23k p/m (House and Cottages)
(Main House rental could easily be improved to (R11k - R13k p/m) to increase the Yield.
Main House income Currently R9k p/m
Additional Income - R13 200pm from Cottages / Flatlets !
Total Current Income R 22k
Expenses Rates, Sewerage R3500
Gardener
Net Income +- R18 000 pm
***UPSIDE All leases to be increased - overdue. New owner can negotiate new rates and utilities distributions with takeover etc.
*******REDUCED FROM R1 750 000.00 ********
Don't MISS OUT on this Investment Opportunity !!
Call me today to add this Excellent Property to your Portfolio !