Great and exceptional investment opportunity situated in the vibrant heart of a bustling Cosmo City. This property features a well-maintained main house with a strong rental income potential, a double storey house with 5 self contained units and then a third building with 4 self contained units. You do not want to miss this one
Here’s a detailed overview:
Property Overview
• Type: 3 Dwellings on one stand , Original main house, Double-story house and an additional house
• Location: Central, with proximity to essential amenities
Double storey house
- Upper floor
• Units: 3 Bachelor unit apartments
• Rental Price: R3 400 per unit
• Total Income from upstairs units : R10 200 per month
Layout:
• Open-plan kitchen, lounge and bedroom area with BIC
• Bathrooms equipped with showers
• Balcony on one of the units providing additional outdoor space
Ground Floor
• Units: 2 bachelor units
• Rental Price: R3,500 per unit
• Total Income from ground Floor: R7 000 per month
• Features:
• Each unit is open plan kitchen, lounge, bedroom and bathroom
Main house
- 3 bedroom, lounge , kitchen and 1 bathroom
- Rental price R7 400 per month
Third Dwelling - Cottage style
• Units: 4 Bachelor unit apartments
• Rental Price: R3 000 per unit
• Total Income from units : R12 000 per month
Layout:
• Open-plan kitchen, lounge and bedroom area with BIC
• Bathrooms equipped with showers
Total Income
• Monthly Rental Income: Approximately R35 000
• Occupancy Status: All units are currently tenanted
Key Benefits
• Accessibility: Convenient access to public transport and major roads
• Nearby Amenities: Close to schools, shopping malls, and other essential services
• Investment Potential: An ideal option for generating consistent rental income due to its desirable location and layout
This is a rare opportunity that won’t last long in the market. If you’re interested in viewing this promising investment, don’t hesitate to contact us for viewing arrangements.
