- 12
- 12
- 2
- 695 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1200.00
Property description
This property is a well-maintained, income-generating investment. It has been cleverly converted into 12 separate rental units, each featuring essential amenities like a bed, living area, bathroom (with shower/bath and toilet). The house is equipped with:
- 12 Rental Units: Each unit has its own living space, bathroom, and bedroom.
- Amenities:
- Swimming Pool: Shared by the tenants, offering a recreational area.
- Double Garage: Provides secure parking for vehicles.
- Additional Parking: Ample space for extra cars.
- Laundry Area: A fully functional laundry space with 5 washing machines, dryers, press boards, and ironing boards. This facility generates an income of R2,500/day.
- Income: The apartments themselves generate R44,500/month.
- total monthly income is R75 000.00
- Security: CCTV cameras for added security and peace of mind.
Location: The property is ideally located close to key amenities such as:
- Southdale Mall: A major shopping destination nearby.
- M1 Highway: Offers easy access to major transportation routes.
- Gold Reef City: A popular entertainment complex is in close proximity.
This property offers a reliable source of rental income with the added benefit of excellent location and amenities.
Property Details
- 12 Bedrooms
- 12 Bathrooms
- 2 Garages
- 12 Ensuite
- 12 Lounges
- 1 Flatlet
Property Features
- Pool
- Laundry
- Pets Allowed
- Fence
- Guest Toilet
- Paving
- Garden
| Bedrooms | 12 |
| Bathrooms | 12 |
| Garages | 2 |
| Erf Size | 695 m2 |
