Property Details

Investment Opportunity in Elsburg – R25,000 Monthly Income!

Looking for a smart property investment that pays for itself?

This income-generating gem is ready to go!

Property Features:

- Main house + 5 flats – all with prepaid water & electricity

- Monthly rental income: R25,000

- Water & electricity covered by tenants

- Approved Building Plans & Occupancy Certificate in place

- Secure, well-maintained, and centrally located

Main House and Flats are generating the following income -

Main House

R7000pm - 3 Bedrooms, Bathroom, Toilet, Kitchen, Scullery, Large Lounge, Dining Room

Second Dwelling

R3 600pm - 2 Bedrooms, open plan Kitchen, Lounge en En-Suite Bathroom

Third Dwelling

R4 250pm - 2 Bedrooms, one bathroom en-suite, Open Plan Kitchen, Lounge & own yard

Fourth Dwelling

R3 500pm - 1 Bedroom, open plan Kitchen, Lounge, Bathroom, own entrance, yard

Fifth Dwelling

R4 500pm - 2 Bedrooms, Lounge, open plan Kitchen, bathroom

Sixth Dwelling

R2 600pm - 1 Bedroom, open plan Kitchen & Lounge, bathroom

Each flat has parking for 2 vehicles, main house has parking for 4 vehicles. (some with carports)

All of the flatlets have Pre-Paid Electricity and Water

Good security, Fully Walled with Barbed Wire

Nrs 2, 3 & 6 share a Gated Entrance

Give me a call to arrange a viewing

Property Features

  • Property Type House
  • Beds 11
  • Bath 6
  • Garages 1
  • Building Size
  • Stand Size 991m²
  • Living Area 6

Associated Costs

  • Rates & Taxes ± 1000

Location

Enquiry

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