R1,150,000
1B20O Belfort Road, Delville, Germiston
Monthly Bond Repayment R11,481.36
Calculated over 20 years at 10.5% with no deposit.
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Exceptional income generating investment property with multiple rooms!!
This investment property offers an excellent opportunity for investors looking to expand their portfolio with a property that provides multiple rental streams. The property comprises of a main house with 9 rental rooms, including a former kitchen that has been converted into an additional room. Tenants in the main house share 2 bathrooms, one fitted with a bath only and the other with both a bath and a shower.
In addition, the property features 2 larger rooms that share a separate bathroom and are currently rented at R3,000 per month each. There are also 4 additional rooms that share a bathroom with a shower. The standard rental rooms are currently rented at R1,500 per month, with both water and electricity included in the rental. Ample open parking available as well.
This property offers an excellent income potential and multiple accommodation options - The ideal investment for buyers seeking a well-established rental property with strong earning potential. Situated close to all amenities and main roads as well..
In addition, the property features 2 larger rooms that share a separate bathroom and are currently rented at R3,000 per month each. There are also 4 additional rooms that share a bathroom with a shower. The standard rental rooms are currently rented at R1,500 per month, with both water and electricity included in the rental. Ample open parking available as well.
This property offers an excellent income potential and multiple accommodation options - The ideal investment for buyers seeking a well-established rental property with strong earning potential. Situated close to all amenities and main roads as well..
Features
Pets Allowed
Yes
Interior
Bedrooms
18
Bathrooms
4
Furnished
No
Exterior
Security
No
Pool
No
Sizes
Land Size
1,524m²
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