Perfectly positioned in the heart of Laudium, within walking distance to the CBD, this property offers an excellent opportunity for those looking to add their personal touch. Set on a spacious stand, the home provides a solid foundation with endless possibilities to renovate, expand, or redesign to your preference.
The layout offers generous living spaces, with ample room to create a comfortable family home tailored to your style. Its central location ensures convenient access to schools, shops, and main roads, making it ideal for both families and investors alike.
A well-located property with remarkable potential – the perfect canvas to transform into your dream home.
8 Rooms Subdivided into 3 sections, each with its own prepaid electricity meter, fully tenanted with long term tenants there for over 10 years (due to the high demand).
Gross rental income: monthly - R12,500
annual - R150,000
ROI - 11.11%
Average monthly expenses R2,000
Net:
Monthly - R10,500
Annual - R126,000
ROI - 9.34%