Property features

R 2 299 000
6 Bedrooms
5.0 Bathrooms
3 Living Room/s
Garage for 1 car/s
Outside Parking for 4 car/s
Rates R1315 pm
Pet Friendly
Dining Room
Security Estate

Property Details

Turnkey and fully let from day one
Three self-contained units, three long-term leases already in place and no further spend required. This well-positioned corner property is a ready-made income generator for the savvy investor. It also suits extended families who want to live together on one secure stand.
The Units
Main house: Three spacious bedrooms and two neat bathrooms. The modern kitchen leads to an open-plan lounge with a cosy fireplace. Outside, a paved lapa with a built-in braai makes a sought-after entertainment space that tenants love. There is also a storeroom and an enclosed double carport.
Attached flat: A furnished one-bedroom unit with a modern kitchen, gas stove and geyser. Furnished units attract strong rentals and quick placements.
Second flat: Two bedrooms and a full bathroom. The private entrance is on the opposite side of the property, so tenants have complete privacy. It comes with a lock-up garage with laundry facilities, a brick braai and an additional bathroom with a shower.
Why the Numbers Work
Immediate returns: Three long-term leases are in place, so income starts on transfer.
Low running costs: Economical gas geysers throughout, plus power-saving gas stoves in two units.
Easy admin: Pre-paid electricity meters in every unit keep utility billing simple.
Tenant appeal and retention: Each unit has its own secure parking and private yard space, with automated gates serving every unit.
Peace of mind: An electric fence protects the entire property.
Beautifully maintained: Modern bathrooms and no outstanding work. Simply take transfer and collect rent.
A Location Tenants Want
The property is perfectly positioned close to Woodlands College and Summerfields Primary. Dr EG Jansen and Concordia are a short drive away, which keeps demand from families consistently strong. East Rand Mall and several smaller shopping centres are nearby. The North Rand Road business district is conveniently close for working tenants.
Multiple income streams, low maintenance and a location with steady demand. Contact the agent today to view.

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Cobus Fourie

Harcourts Blue

0824530690

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Harcourts Blue

0119182002

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