PRICE REDUCED
Web Ref RL881
R1,750,000
Monthly Bond Repayment R18,361.98
Calculated over 20 years at 11.25% with no deposit.
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Attention investors!
This exceptional property, located in the highly sought-after suburb of Cosmo City Ext 5, offers a rare investment opportunity with two homes on a single lot.
Boasting a total of 8 bedrooms and 7 bathrooms, the property includes a main house, which features a spacious lounge, kitchen, full bathroom with a shower, and two comfortable bedrooms.
Attached to the main house are three cottages, each with its own private bathroom.
Additionally, a second building on the property includes a standalone cottage and two separate rooms.
Currently, all rooms are rented out, generating a substantial R24,500 in monthly rental income.
This fully tenanted property is a turnkey investment in a prime area, providing an impressive return on investment from day one.
Don’t miss out on this incredible income-generating asset!
Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors / omissions which may occur.
Boasting a total of 8 bedrooms and 7 bathrooms, the property includes a main house, which features a spacious lounge, kitchen, full bathroom with a shower, and two comfortable bedrooms.
Attached to the main house are three cottages, each with its own private bathroom.
Additionally, a second building on the property includes a standalone cottage and two separate rooms.
Currently, all rooms are rented out, generating a substantial R24,500 in monthly rental income.
This fully tenanted property is a turnkey investment in a prime area, providing an impressive return on investment from day one.
Don’t miss out on this incredible income-generating asset!
Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors / omissions which may occur.
Features
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
7
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Security
Yes
Flatlet
3
Pool
No
Sizes
Floor Size
416m²
Land Size
120m²
