An excellent opportunity to start or expand your investment portfolio. This property has been thoughtfully partitioned to create 5 bedrooms, with tenants sharing 2 bathrooms and a communal kitchen.
Currently occupied by female students, the property generates a monthly rental income of R17,500, providing immediate returns for investors.
Property Features:
5 partitioned bedrooms
2 shared bathrooms
Communal kitchen
All bedrooms flow onto a balcony with lovely views
Current rental income of R17,500 per month
1 lock-up garage
1 open-bay parking bay
With established tenants already in place, this income-producing property offers strong cash flow and excellent potential for savvy investors.
Levy : R 4062
Rates : R 1121
E&OE