• 12
  • 11
  • 1
  • 730 m2

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Mun. Rates & Taxes: ZAR 1500.00

Property description

This exciting property is situated in a very sort out, quite busy area in Protea Glen Ext 2. This property is in close proximity to filling station, shopping mall & shopping centers, schools & crèches and has easy access to main roads and highways. Situated opposite the SAPS Protea Glen Satellite Station you are guaranteed to have added security and protection in the area.  

The Main House has two bedrooms and one comes with built in cabinets, a bathroom with a shower, and a living room area. Do you have a dream kitchen planned out? Well you’re in luck because there is a room for a kitchen; right next to the living room; that you can build from scratch.  

There are well planned ten (10) Flat-lets, all offering an open plan living room with kitchenette and a bathroom with a shower.  

There is also a tuck “Spaza” shop within the premises so not only is there a business opportunity but you will be earning a return through rental income from the flat-lets, the future resale of the property, or both. 

Rental Income that is generated from this property is as follows: 

+/- R3,000.00 X 10 rooms = R30,000.00 

Main House rent is = R4,500.00 

Tuck “Spaza” Shop rent is = R5,000.00 

Total P/M rental income of R42,000.00 

 

Investors don’t sleep on this one…. Call me for exclusive viewing  

Property Details

  • 12 Bedrooms
  • 11 Bathrooms
  • 1 Garages
  • 1 Lounges
  • 1 Flatlet

Property Features

  • Access Gate
  • Paving