Blairgowrie, Randburg, Gauteng ID 693657
House
6.0
11
450m2
1000m2
Profitable 5-Bedroom House with 5 Cottages in Blairgowrie **Property Overview:** - **Monthly Turnover:** R34,000 - **Main House:** 5 bedrooms, commercial kitchen, prepaid electricity and gas stove. - **Cottages:** 5 separate units, each with its own kitchen, bathroom, and prepaid electricity. **Key Features:** 1. **Established Income Stream:** This property has a consistent monthly turnover of R34,000, demonstrating its profitability and stability. 2. **Diverse Tenant Mix:** The main house has operated as a women's residence, while the cottages host long-standing tenants. All tenants are on month-to-month leases, offering flexibility and potential for rent increases, which haven't been adjusted for the past two years. 3. **Low Maintenance:** The property is designed for low maintenance, ensuring hassle-free management. 4. **Amenities:** Residents enjoy access to a well-maintained pool and entertainment area. 5. **Transparent Financials:** Detailed financial records are available for review, showcasing the property's success over the years. **Investment Potential:** This property offers an excellent investment opportunity with a proven track record of profitability. The flexibility in tenant agreements and the potential for rent increases provide room for additional revenue growth. **Reason for Sale:** The current owner is immigrating, presenting a unique opportunity to take over a highly profitable business. **Contact Information:** Interested in viewing this property? Contact Lance to schedule a visit and explore this lucrative investment opportunity. Invest in a property with a solid income history and significant growth potential. Don’t miss out on this chance to acquire a thriving business in Blairgowrie.
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