12 Bedroom Guest House For Sale in Tasbet Park Ext 2
R1,860,000
Monthly Bond Repayment R19,835.59
Calculated over 20 years at 11.5% with no deposit.
Web Ref No CWTB-5042
Registered guesthouse for sale in Tasbet Park Ext 2
Registered guesthouse for sale in Tasbet Park Ext 2. This property is zoned for business and all buildings are on plan. The guesthouse is registered and the property is sold 50% furnished with rental contracts amounting to R36,000 per month. The property consists of 6 bachelor flats with en suite bathrooms and kitchenettes, leased out for R3,500 each per month.
The house has been divided up into 6 bedrooms all with their own en suite bathrooms all with their own en suite bathrooms. The rooms are all leased out and brings a rental income of R2,500 per room per month. The tenants in the house share a communal kitchen. There is a laundry on the premises for use by all tenants. This is a very good income-generating property with an extremely good return on investment.