R 1,750,000
Property Details
Investment Opportunity in Elsburg – R25,000 Monthly Income!
This fully tenanted, income generating property offers the opportunity to secure a high-yielded asset in the heart of Elsburg.
Property Features:
- Main house & 5 rental flats – all with prepaid water & electricity
- Monthly rental income: R25,000
- Water & electricity paid 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
Unit 1
R3 600pm - 2 bedroom unit with a compact open plan kitchen & living room, en-suite bathroom
Unit 2
R4 250pm - Own yard, living room, kitchen, 2 bedrooms, en-suite bathroom
Unit 3
R3 500pm - 1 Bedroom, open plan kitchen & living room, separate bathroom & own entrance & yard
Unit 4
R4 500pm - 2 Bedroom unit small rear year, spacious living room, open-plan kitchen.
Unit 5
R2 600pm - Bachelor Unit - Combined kitchen & living room, separate bathroom
Note: The two bedroom units and the bachelor unit share a gate. All units are on prepaid utilities.
Good security, Fully Walled with Barbed Wire
Give me a call to arrange a viewing
Property Features
- Property Type House
- Beds 3
- Bath 1
- Garages 1
- Building Size
- Stand Size 991m²
- Living Area 2
Associated Costs
- Rates & Taxes ± 1000
Location
Enquiry
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