FANTASTIC INVESTMENT PROPERTY !
EXCELLENT VALUE FOR MONEY !
MODERNIZED HOUSE AND 4 RENTAL UNITS !
(ALL FULLY TENANTED)\
HUGE DEMAND FOR THESE BACHELOR UNITS !
All with Own Pre Paid Meters
TWO SEPARATE ACCESS GATES ! !
OWNER RELOCATING !!
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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 costs distributions with takeover etc.
Don't MISS OUT on this Investment Opportunity !!
Call me today to add this Excellent Property to your Portfolio !