- 4
- 2
- 844 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
Affordability Calculator | Bond Costs Calculator | Bond Repayment Calculator | Apply for a BondBond Calculator
Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.
Property description
**Investor's Dream: 4-Bedroom Home with Lucrative Rental Potential**
Are you in search of the perfect investment opportunity in a prime location? Look no further! This exceptional 4-bedroom home, nestled in a sought-after area, promises a unique blend of comfort, convenience, and substantial rental income. Welcome to a property that's perfect for savvy investors like you!
**Property Overview:**
As you step into this spacious home, you'll be immediately impressed by the comfortable and well-designed interior. The house boasts three generously sized bedrooms and a small one, a cozy lounge, a dining area, a television room, and a beautiful kitchen adorned with granite counter tops. This open floor plan creates an inviting and functional living space for you and your future tenants.
In addition to the two bathrooms, this home also features an entrance hall, providing a welcoming first impression to all who enter. The interior is designed for modern living, offering both comfort and style.
**Exceptional Exterior:**
The allure of this property extends to the exterior, where you'll find a spacious carport that can comfortably accommodate up to six cars. Convenient and secure parking for your tenants is a valuable asset for any property, and this home delivers on that front.
Adjacent to the kitchen, there is an enclosed entertainment area with a transparent roof, allowing natural light to flood in. This versatile space is perfect for hosting gatherings and enjoying the outdoors, even during inclement weather.
**Investment Potential:**
What truly sets this property apart is its incredible investment potential. For investors, this is an opportunity that should not be missed. The property offers an impressive return on investment (ROI) through its six outside rooms, each of which can be rented for R1,200, totaling R7,200 per month, or a substantial R86,400 per year.
With a return like this, you'll be achieving an ROI of 9.6%. This is truly a bargain in today's market. To put it into perspective, if your bond interest rate is at the prime rate of 11.75%, your monthly payments are expected to be R9,443. Subtract the R7,200 in monthly rental income, and you're left with a mere R2,243. That's an exceptional return on your investment.
**Location, Location, Location:**
This property's strategic location is another key selling point. Situated in close proximity to various industrial areas, it offers easy access to employment hubs such as Jet Park, Germiston industrial areas, and Boksburg. This means a steady stream of potential tenants working in these areas, making your investment all the more lucrative.
**Don't Miss Out:**
This property is a golden opportunity for investors looking to maximise their income and secure a bright financial future. It's also a great choice for those looking for a comfortable and spacious home with the potential for rental income.
To truly appreciate the value and potential of this property, we invite you to schedule a viewing. Don't hesitate to reach out to us today. This is your chance to make a wise investment and enjoy the financial rewards it brings. Act now and make this 3-bedroom home with outstanding rental potential your next smart investment move. Your future success awaits! With Remax You Relax
Property Details
- 4 Bedrooms
- 2 Bathrooms
- 1 Ensuite
- 2 Lounges
- 1 Dining Area
- 1 Flatlet
Property Features
- Kitchen
- Entrance Hall
- Paving
- Family TV Room
| Bedrooms | 4 |
| Bathrooms | 2 |
| Erf Size | 844 m2 |
