Property features

R7 000 000
Rates R2733 pm

Property Details

Long-term tenants and stable income – Don’t miss this chance! This corner property with a semi-face brick building is the perfect low-maintenance investment. It offers stable rental income, a 6% annual escalation, and reliable tenants. Ideal for investors seeking passive income and long-term value growth. RENTAL INCOME: Total monthly income: R72,000 Long-term tenants: Home Affairs leases one part of the building. Two retail shops are rented by local traders. The Detective Branch of the South African Police Service leases the house on the property. LANDLORD EXPENSES: Rates and water: R2,733.00 per month Insurance: R2,100.00 per month Net Income and Benefits: With minimal monthly expenses and low maintenance costs, this property generates steady cash flow and reliable returns. PROPERTY FEATURES: Corner property in a strategic, high-visibility location. Building: Semi-face brick, ensuring durability and low upkeep. Escalation: 6% annual increase on rental agreements, boosting returns over time. WHY INVEST HERE? STABLE RENTAL INCOME: Reliable tenants, including government departments and small businesses. PRIME LOCATION: Ideal for commercial activities in a growing area. LOW COSTS: Minimal upkeep with predictable expenses. GROWTH POTENTIAL: Annual escalations ensure your investment grows in value. WHY THIS PROPERTY WORKS FOR INVESTORS: SECURE TENANTS: Home Affairs and the police are dependable, long-term renters. FINANCIAL STABILITY: High rental income with low expenses ensures profitability. STRATEGIC AND LOW-MAINTENANCE: A great combination for hassle-free ownership. GROWTH OVER TIME: 6% annual escalation improves returns significantly. Contact me today to learn more or schedule a viewing!