Monthly Bond Repayment R14,395.73
Calculated over 20 years at 11.5% with no deposit.
Web Ref No JRL25426
The perfect investment property within a prime location!!
This property is situated on a spacious 772m2 stand thoughtfully designed to maximize rental income -The main house has been divided into several rental rooms, accommodating multiple tenants. Includes a shared kitchen and a bathroom, ensuring convenience for residents generating a monthly income of R9,500 from the main house room.
The property features a separate section of rental rooms outside with a shared bathroom - yielding an additional R11,750 per month in rental income. A pool enhances the property's appeal, providing tenants with a recreational feature. This stand offers flexibility for further enhancements or developments to increase rental potential.
The combined monthly rental income totals R21,250, making it a lucrative investment. Efficient use of space ensures high tenant capacity without compromising functionality. Suitable for long-term tenants or as shared accommodation for professionals or students.
This property is a ready-made income generator, ideal for investors looking to enter or expand in the rental market. Well secured and close to all amenities with easy access to main roads...