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6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
6 Bedroom Property for Sale in Norkem Park Gauteng
R 1 600 000
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Property features

  • R 1 600 000
  • 6 Bedrooms
  • 5.0 Bathrooms
  • 0 Living Room/s
  • Garage for 6  car/s

Property Details

Don’t miss this rare opportunity to own 5 income producing units on one property with immediate cash flow.

This property is ideal for the serious investor or for a family looking to live in one unit and rent out the rest to offset the bond.

RENTAL BREAKDOWN - ESTIMATED R25,500 PER MONTH:

  • 2 x 2 Bedroom Units @ R6,500 each
    Each unit offers: Lounge, open plan kitchen, laundry, 2 bedrooms, 1 bathroom
  • 1 x 1 Bedroom Unit @ R5,000
    Lounge, open plan kitchen, bedroom, bathroom
  • 1 x 1 Bedroom Unit @ R5,000
    Lounge, bedroom with modern open plan bathroom, very nice kitchen
  • 1 x Bachelor Rental Room @ R2,500
    Room with shower and toilet

Total Estimated Monthly Income: R25,500
Total Estimated Annual Income: R306,000

PROPERTY FEATURES:

  • Units: 5
  • Total Bedrooms: 5+
  • Total Bathrooms: 4+
  • Parking: Extra garaging and storage space
  • Driveway: Big long driveway
  • Other: Store room
  • Location: Norkem Park - High rental demand area close to schools, shops and major routes

This is a business opportunity of a lifetime. Properties with this rental return don’t stay on the market long.

KEY FEATURES:

  • Price: R1,600,000
  • Bedrooms: 6+
  • Bathrooms: 5+
  • Parking: Garaging and open parking.
  • Property Type: Residential Investment
  • Erf Size: 99 m2

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