12 Bedroom House For Sale in Midrand

Property description

*12-Unit Income Property | Ebony Park, Midrand | R36,000 rental income pm*

Exceptional investment: 12 fully self-contained modern bachelor units generating *R36,000 gross monthly income* which already has full occupation of tenants, management available at 10% of the monthly income to help you offload maintenance and follow ups to avoid late payments on rent. Located right next door to the busy Corner Mall Ebony Park and schools with easy access to public transport and the N1, situated in a safe area with 24 security at boomgate.

Each unit offers tiled floors, kitchenette with built-in cupboards, 4-plate stove space, and a neat en-suite bathroom with geyser. Exterior features secure automated gates, high walls and paved walkways.

High tenant demand in this well-maintained, double-storey block. Averaging R3,000- 3500/unit, it’s perfect for immediate cashflow and long term. Ideal for investors seeking low vacancies in a rental hotspot. The units were added on the initial property without any approved municipal plans- NB: Cash Buyers only

*R432,000 p/a. Contact for financials & viewing.