- 11
- 3
- 2
- 1 223 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 3500.00
Property description
This exceptional investment opportunity presents a property boasting 10 rooms available for rental, with 8 currently occupied. The main residence features 6 bedrooms, 2 bathrooms, a well-equipped kitchen, and a convenient scullery. Additionally, there are 4 bedrooms located outside, along with a separate toilet and shower facility. The expansive yard includes 2 entrances, each with 2 garages, and ample space for potential expansion to accommodate additional rooms.
At present, the property yields a commendable return on investment (ROI) of 17.7%. However, with strategic development and utilization of the available space, there is a promising potential to elevate the ROI to an impressive 34.5%. This presents a lucrative opportunity for investors seeking to maximize their returns in the real estate market.
Strategically positioned on a prominent main road, the property offers convenient proximity to Germiston Lake, Germiston Primary School, and Germiston High School. Furthermore, residents will enjoy easy access to popular shopping destinations such as Golden Walk and Pick n Pay Centre, enhancing the overall appeal and convenience of the location.
For those interested in exploring this investment further or arranging a viewing, please do not hesitate to contact us. This property represents a compelling opportunity for investors looking to capitalize on the potential for growth and increased returns in the thriving Germiston area.
Property Details
- 11 Bedrooms
- 3 Bathrooms
- 2 Garages
- 1 Flatlet
Property Features
- Fence
- Kitchen
- Entrance Hall
- Paving
- Garden
| Bedrooms | 11 |
| Bathrooms | 3 |
| Garages | 2 |
| Erf Size | 1 223 m2 |
