Web Ref No JRL22244

This expansive property in Elsburg is ideal for investors looking to maximize rental income. The 1549m² property features multiple units, each offering potential rental opportunities. The units are well-maintained and vary in size and layout, catering to the different needs of tenants.

• Property Features:
o Total Units: The property includes 9 units, ranging from bachelor flats to 3-bedroom units, as well as 12 other small rental rooms.
o Unit Features: Each unit is self-contained with it's own kitchen, bathroom, and living space.
o Parking: Ample parking space is available on the property, with designated spots for each unit. There is open parking areas.
o Outdoor Space: The property includes shared outdoor areas for tenants to enjoy,
o Security: The property is fully fenced with secure access, providing peace of mind for tenants.
o Water and electricity: each unit has their own water meter and electrical meter and all 9 units have their own distribution box. There is also 18- 20 solar lights for load shedding

• Investment Potential:
o Rental Income: The current rental income is R58 600 per month with potential for increases as leases are renewed.
This investment property is located in a desirable area of Elsburg, with easy access to local amenities, schools, and public transportation. It presents an excellent opportunity for both seasoned investors and those new to the market.

Don't miss out on this property, call me today to arrange a viewing!!