EXCELLENT RENTAL RETURN! OPPORTUNITY TO DOUBLE YOUR INCOME!
Inviting offers from R 2 500 000. Currently zoned as Residential, this property is generating a rental income of R40 000 per month with the option to double this income! With approved plans to extend on an existing outbuilding, this property offers a very promising return. Located in Raumarais Park in close proximity to major transportation routes, Rea Vaya and Damlin College, this investment features 5 accommodation rooms with student facilities and bedding - all included in the sale!
A spacious lounge/dining area leads onto the open-air patio with fitted kitchen leading onto central garden area with laundry and double garage. A separate self-contained cottage with 2 bedrooms, kitchen and bathroom further add to the income-generation of this home and is ideal for the entrepreneur looking for a great investment opportunity! Asking more
Open Parkings 5
Purchase Rates R900.00pm Excl. VAT
Floor Size 420m²
Land Size 2,710m²