ELEVEN BEDROOM PROPERTY - CALLING ALL INVESTORS - MONTHLY INCOME R16,950.00
Why to Buy?
This Investment property in Forest Hill, South of Johannesburg offers great return on investment. There are Eleven bedrooms - all with prepaid electricity meters, four showers and four separate toilets. The rooms are all tenanted so you can make an income from day one. The main house has five rooms each collecting a rental of R 1650.00 each. The main house has a single shower and toilet and a small kitchen. There are six rooms outside of which four rooms collect a rental of R1,600.00 each and one room collecting a rental of R1,800.00 and one small room collecting R500.00. The outside rooms have share three showers and three toilets. Each room has a pre-paid electricity meter installed.
The monthly rental is R16950.00 per month. Rates and Taxes including water and around R2,500.00 per month. The property is fully walled with good security, has two lock up garages with three open parking bays, which could create more living spaces.
This is that investment property you have been waiting for! CALL LEONIE TODAY! If you snooze, you lose.
In close proximity to shops and Southdale Shopping centre. Close to bus and taxi routes and sought after schools and places of worship.