NEW
3 Bedroom House For Sale in Elsburg
R850,000
4T0Y4 Commissioner Street, Elsburg, Germiston
Monthly Bond Repayment R8,486.22
Calculated over 20 years at 10.5% with no deposit.
Web Ref
JRL42598
Monthly Rates
R950
Excellent Investment Opportunity with Immediate Rental Income and Future Potential!
This versatile property offers the perfect combination of comfortable living and income-generating opportunities. The main house features 3 bedrooms, 1 bathroom, a functional kitchen, and a spacious lounge area, creating a comfortable living environment for a family.
Adding to its appeal are 2 flatlets that provide a steady rental income. One flatlet has its own private entrance, offering added privacy and independence, while the second flatlet shares access with the main house. Both flatlets are currently rented out at R2 500 per month each, while the main house generates R7 500 per month, providing a total rental income of R12 500 per month.
The property offers ample space for further development, giving investors the opportunity to add additional rental units and increase their return on investment. Alternatively, it is ideal for a homeowner looking to enjoy comfortable living while benefiting from extra rental income. Conveniently located close to main roads, public transport routes, and shopping centres, this property combines accessibility, income potential, and future growth opportunities in one attractive package.
Adding to its appeal are 2 flatlets that provide a steady rental income. One flatlet has its own private entrance, offering added privacy and independence, while the second flatlet shares access with the main house. Both flatlets are currently rented out at R2 500 per month each, while the main house generates R7 500 per month, providing a total rental income of R12 500 per month.
The property offers ample space for further development, giving investors the opportunity to add additional rental units and increase their return on investment. Alternatively, it is ideal for a homeowner looking to enjoy comfortable living while benefiting from extra rental income. Conveniently located close to main roads, public transport routes, and shopping centres, this property combines accessibility, income potential, and future growth opportunities in one attractive package.
Features
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
No
Flatlet
2
Pool
No
Sizes
Land Size
144m²
