This well maintained 10 bedroom Mansion, nestled in the heart of Reservoir Hills is an investors dream opportunity!!
The property is already set up with prepaid electricity and water meters for each unit, including individual entrances per unit and caters for 5 to 6 individual households, generating rental income to the sum of R20 000 per month from 3 out of the 6 Units currently.
An individual entrance which allows for a peaceful environment to each household currently residing on the property. A communal Laundry area is provided which includes several washing machines for that added peace of mind.
The property layout is as follows:
Unit 1 & 2: (Bachelor/Studio units)
Are complete with open bed and kitchenette, and shower, toilet, basin. Gas Geyser.
Unit 3: (Bottom unit)
2 bedrooms, 1 lounge, 1 large shower, toilet, basin, separate toilet, 1 kitchen and dining.
Unit 4: (Main unit)
3 bedrooms, 1 lounge, 1 dining, 1 large fully furnished kitchen with stove and oven, 1 large shower, toilet, basin, separate toilet, balcony, separate entertainment area.
Unit 5: (Top unit)
2 bedrooms, 1 lounge, 1 fitted kitchenette, 1 shower, toilet, basin.
Unit 6:( Outbuilding garden cottage) 1 bedroom, 1 bathroom, kitchen.
The property is in immaculate condition and each unit is well maintained.
Its an investors ideal income generator. A must see property.
Please contact the agent for an exclusive viewing.
Ps: Having a Bank Pre Approval would be an added advantage.