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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