Property features

R 1 199 000
2 Bedrooms
2.0 Bathrooms
0 Living Room/s
Garage for car/s
Rates R589 pm
Pet Friendly
Garden

Property Details

This is the kind of property buyers in this area want, and at the right price. House itself has 2 bedrooms. Part of the house has been sub-let. Then there are 5 outside cottages. Total income R14000. Utilities are included in the rent. Property is fully paid for; seller has title deed.
This is what investor buyers are looking for. 7 Tenants, or more paying good rent. They're quiet and well behaved. And they're on a month-to-month rental arrangement, which means you, dear buyer, choose whether to keep them or tell them to go.
With all this rental space there's still plenty of room for the owner to live comfortably you'll have your lounge, kitchen, 2 bedrooms and even 2 bathrooms, one en-suite.
OK, the kitchen cupboards need fixing, but for this price, isn't it amazing that that's all that needs doing?
The location is great. It's a short walk to Spar, Checkers, and Jules St with its shops and transport. Not the bad side of Malvern, but the good side. That's why these tenants stay.
How do you finance a property like this? That's what we're here for. We help you apply for finance, show you the costs, and do everything you need to make this rent factory yours. All you do is get your documents together and move in. This property is a money maker. We'll help you make it yours.
Contact Jono for viewing.

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Jono Watt-Pringle

Jack Russell Estates

0824103160

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[email protected]

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Jack Russell Estates

011 454 3540

[email protected]

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