5 bedroom house for sale in Oakdale

HOUSE WITH PROVEN INCOME EARNING ABILITY NOW IN MARKET IN OAKDALE

We are privileged to share the rental agent's instructions to find a suitable investor for this income-yielding property which has been divided into 3 separate accommodation units (which can be restored to single residential).

Unit no. 1
It has a big open-plan living/kitchen area, one bedroom, and a bathroom. This unit has its prepaid electrical meter and water meter. Monthly rental income R6504.75.

Unit 2
It has an open-plan lounge/kitchen area, a separate scullery, and two bedrooms sharing a bathroom. This unit also has its own prepaid electrical meter and water meter. . Monthly rental income is R6 615.00

Unit 3
It has an open plan lounge/kitchen area, a braai room, and two bedrooms sharing a bathroom. This unit also has its prepaid electrical meter and water meter. Monthly rental income R6 825.00

Lease agreements are in place up to 1 March 2023 and can be renewed by the purchaser at a 10% increase should he be willing to extend the lease agreements.

This property is centrally situated close to all main routes, schools and the Tyger Valley Shopping Mall