- 12
- 6
- 495 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
AMAZING INVESTMENT PROPERTY | MIXED USE MULTI TENANT | PREPAID ELECTRICITY AND WATER | TWELVE ROOMS AND ONE FACTORY | WELL MANAGED AND RUN | RENTAL PER MONTH R36 500
Why to Buy?
- Twelve well sized bedrooms
- One 153m2 factory | warehouse | shop for rent as well
- Fitted kitchenettes in some units
- Two communal bathrooms plus four private bathrooms
- Private 495m2 stand with a high wall and good security
- Parking for three cars
- Prepaid water and electricity
- Well run multi tenant property with caretaker
Currently used as a rental property - multi tenanted.
Discover an exceptional investment opportunity in the vibrant neighbourhood of Malvern. This property strategically located close to schools, the CBD, shopping malls, major traffic routes, taxis and bus stops offers unparalleled convenience for both tenants and investors alike.
- Rental Potential: This spacious home has been cleverly converted into a rental property boasting twelve well-sized rooms in total. BONUS – there is also a153me shop, factory or warehouse for rental on top of the 12 rooms!
- Communal Facilities: Residents benefit from two communal bathrooms equipped with showers and toilets ensuring comfort and convenience for all occupants. All
water is on a prepaid basis. Four units enjoy their own private bathroom.
- Outdoor Amenities: Outside the property features parking spaces for cars. The entire property is fully walled ensuring privacy and security for residents.
With a monthly rental income of approximately R36 500 this property presents a lucrative opportunity for investors seeking consistent returns. Situated on a
495m2 stand the property offers significant potential for capital appreciation in the thriving Malvern area.
Seize the opportunity to become the proud owner of this lucrative investment property. With its prime location, practical amenities and impressive rental income this property is sure to attract discerning investors looking to maximize their returns.
Contact us today to arrange a viewing and secure your investment in this exceptional property!
Property Details
- 12 Bedrooms
- 6 Bathrooms
Property Features
- Storage
- Wheelchair Friendly
- Access Gate
- Kitchen
- Paving
- Prepaid Water and Electricity
- Twelve Rooms plus Workshop | Warehouse
- Well Managed, Well Run - Earning Potential R36 500
| Bedrooms | 12 |
| Bathrooms | 6 |
| Erf Size | 495 m2 |
Contact the Agent
Lucky Mothabisa
Candidate Property Practitioner