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20 Bedroom House For Sale in Akasia

12 Iris Avenue, Akasia, Pretoria, Gauteng, South Africa
R 4400000
RunningCosts Bond
Costs
Property Type House
Erf Size 10000 m2
Levies R 0
Listing Date June 24, 2024
Floor Size 1462 m2
Rates and Taxes R 1800
Details
Map
Street view
Local info

Property description

Property in Heatherdale offers a lucrative opportunity for savvy investors. The property comprises 12 well-appointed units, generating a significant monthly rental income of R60,000. With ample space to construct additional units, the potential for growth and increased returns is vast.

The property boasts municipal water and a borehole, ensuring a reliable water supply. Modern conveniences like gas stoves and geysers are installed in all units, enhancing the appeal to tenants. Two entrances provide easy access, and existing leases ensure a steady income stream. Surrounded by nearby developments, this property offers a promising investment prospect, poised to deliver a substantial pension income for years to come.

  • Study
  • Flatlet
  • Staff Accommodation
  • Patio
  • Freehold
  • Security Features
  • Sea View
  • Pets Allowed
  • Laundry
  • Flooring: Tiles
  • Walling: Fully Fenced

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