R1,850,000

R1,850,000

12 Bedroom House For Sale in Kenilworth
12
Bedrooms
12
Bathrooms

Prime Investment Opportunity: High-Return Building with 12 Self-Contained Units

Web Ref. CVSA-14983
Land size 495.00 m²
Monthly Bond Repayment
R18,470.02
Invest in a property that promises exceptional returns with this well-designed building, featuring 12 fully self-contained units. Comprised of 4 bachelor units and 8 one-bedroom units, each with its own bathroom, this property is a turnkey solution for generating significant rental income.

With a projected rental income of R33,400 per month if all units are rented out, this property stands out as a lucrative investment. Priced at R1.85 million, it offers an excellent balance of affordability and potential returns.

With an impressive ROI of approximately 21.66%, this property is a stellar choice for investors seeking high returns. Don’t miss out on this rare opportunity to secure a profitable investment and enjoy substantial financial rewards!
Monthly Rates R1,040

Features

Interior
12 Bedrooms
12 Bathrooms
Exterior
Security
Sizes
Land Size 495 m²
Listing Info
Date Listed 07-08-24
Time Listed 10:06
Nuno Brizido
Nuno Brizido Qualified Property Practitioner

Kenilworth, Johannesburg

The Midvaal region is positioned as part of the Sedibeng District Municipality. Midvaal is the smallest of the 3 Sedibeng municipalities when it comes to population and the biggest when it comes to actual physical size. The Midvaal region was formerly known as part of the Meyerton Municipality until late 2000.  Midvaal property is made up in the main of semi-rural and rural areas together with a large amount of smallholdings, plots and farms as well as more traditional housing and sectional title style properties in the towns. The setting up of the R59 “industrial corridor” has been a great aid in developing the area’s industrial components and a number of larger industrial concerns have made the move as...
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    Disclaimer

    While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.