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R1 750 000

Property features

  • R1 750 000
  • 3 Bedrooms
  • 1.0 Bathrooms
  • 2 Living Room/s
  • Garage for 1  car/s
  • Rates 
  • No Pets
  • Garden

Property Details

Investment Opportunity in Elsburg – R25,000 Monthly Income!

This fully tenanted, income generating property offers the opportunity to secure a high-yielded asset in the heart of Elsburg.

Property Features:

  • Main house & 5 rental flats – all with prepaid water & electricity
  • Monthly rental income: R25,000
  • Water & electricity paid by tenants
  • Approved Building Plans & Occupancy Certificate in place
  • Secure, well-maintained, and centrally located

Main House and Flats are generating the following income

Main House
R7000pm - 3 Bedrooms, Bathroom, Toilet, Kitchen, Scullery, Large Lounge, Dining Room

Unit 1
R3 600pm - 2 bedroom unit with a compact open plan kitchen & living room, en-suite bathroom

Unit 2
R4 250pm - Own yard, living room, kitchen, 2 bedrooms, en-suite bathroom

Unit 3
R3 500pm - 1 Bedroom, open plan kitchen & living room, separate bathroom & own entrance & yard

Unit 4
R4 500pm - 2 Bedroom unit small rear year, spacious living room, open-plan kitchen.

Unit 5
R2 600pm - Bachelor Unit - Combined kitchen & living room, separate bathroom

Note: The two bedroom units and the bachelor unit share a gate. All units are on prepaid utilities.

Good security, Fully Walled with Barbed Wire

Give me a call to arrange a viewing

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