Web Ref JRL25932
R2,100,000
8 Haley Avenue, Delville, Germiston
Monthly Bond Repayment R20,965.97
Calculated over 20 years at 10.5% with no deposit.
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Monthly Rates
R1,800
R1,800
Look no further than this perfect investment property!!
This investment property generates a monthly income of R29,000 and offers exceptional potential for further development - Inside, the main house is divided into seven rental rooms, including a main bedroom with an en-suite bathroom and a separate shared bathroom for the other tenants.
Outside, there are 14 additional rental rooms, contributing to the property's substantial income. The house is currently undergoing rezoning to Residential 3. Under Residential 3 , it will allow the buyer to develop up to 11 two-bedroom, two-story units. This is an excellent opportunity for investors seeking a property with strong existing returns and the potential for significant growth through development.
The property is situated close to schools, shopping centers, and public transport, ensuring high tenant demand.
Outside, there are 14 additional rental rooms, contributing to the property's substantial income. The house is currently undergoing rezoning to Residential 3. Under Residential 3 , it will allow the buyer to develop up to 11 two-bedroom, two-story units. This is an excellent opportunity for investors seeking a property with strong existing returns and the potential for significant growth through development.
The property is situated close to schools, shopping centers, and public transport, ensuring high tenant demand.
Features
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
2
Furnished
No
Exterior
Security
No
Pool
No
Sizes
Land Size
19m²
STREET MAP
STREET VIEW
