Property description
Investment Opportunity in Elsburg – R25,000 Monthly Income!
Looking for a smart property investment that pays for itself?
This income-generating gem is ready to go!
Property Features:
- Main house + 5 flats – all with prepaid water & electricity
- Monthly rental income: R25,000
- Water & electricity covered by tenants
- Approved Building Plans & Occupancy Certificate in place
- Secure, well-maintained, and centrally located
Main House and Flats are generating the following income -
Main House
R7000pm - 3 Bedrooms, Bathroom, Toilet, Kitchen, Scullery, Large Lounge, Dining Room
Second Dwelling
R3 600pm - 2 Bedrooms, open plan Kitchen, Lounge en En-Suite Bathroom
Third Dwelling
R4 250pm - 2 Bedrooms, one bathroom en-suite, Open Plan Kitchen, Lounge & own yard
Fourth Dwelling
R3 500pm - 1 Bedroom, open plan Kitchen, Lounge, Bathroom, own entrance, yard
Fifth Dwelling
R4 500pm - 2 Bedrooms, Lounge, open plan Kitchen, bathroom
Sixth Dwelling
R2 600pm - 1 Bedroom, open plan Kitchen & Lounge, bathroom
Each flat has parking for 2 vehicles, main house has parking for 4 vehicles. (some with carports)
All of the flatlets have Pre-Paid Electricity and Water
Good security, Fully Walled with Barbed Wire
Nrs 2, 3 & 6 share a Gated Entrance
Give me a call to arrange a viewing
- Garden
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
