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Description

### Investment Opportunity: Income-Generating Property in Bezuidenhout Valley, Johannesburg
*Overview:*
Discover an exceptional investment with this fully tenanted property featuring five apartments, each delivering impressive rental income streams. Ideal for property investors aiming to enhance their portfolios, this property is not only lucrative but also presents the potential for future expansion through the construction of additional tenanted flats. Each unit is equipped with prepaid water and electricity, ensuring hassle-free management for both tenants and landlords.
*Apartment 1:*
– *Features:*
– Large lounge
– 1 large bedroom with ensuite (toilet and bathroom)
– Open-plan kitchen and pantry area
– Separate guest toilet
– *Rental Income:* R4,200
– *Accruals:* R400

*Apartment 2:*
– *Features:*
– 2 separate bedrooms
– 1 large bedroom with ensuite (toilet and shower)
– Open-plan kitchen and pantry area
– Shared bathroom (shower and toilet)
– *Rental Income:* R5,300
– *Accruals:* R600
*Apartment 3:*
– *Features:*
– Studio lounge and bedroom with ensuite (toilet and bathroom)
– Open-plan kitchen and toilet
– *Rental Income:* R2,600
– *Accruals:* R200
*Apartment 4:*
– *Features:*
– Studio lounge and bedroom with ensuite (toilet and bathroom)
– Open-plan kitchen and toilet
– *Rental Income:* R2,600
– *Accruals:* R200

*Apartment 5:*
– *Features:*
– Studio lounge and bedroom with ensuite (toilet and bathroom)
– Open-plan kitchen and toilet
– *Rental Income:* R2,600
– *Accruals:* R200
*Financial Summary:*
– *Total Monthly Rental Income:* R17,300
– *Total Accruals:* R1,600
This property represents a prime investment opportunity, guaranteeing consistent rental income while offering significant future development potential. Don't hesitate—contact us today to schedule a viewing and discover the possibilities that await!

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Details

Updated on November 29, 2024 at 4:38 pm

  • Reference #: 1369313
  • Price: R1,300,000
  • Suburb / Town: Johannesburg
  • Property Type: House
  • Bedrooms: 7
  • Bathrooms: 6
  • Living Areas: 3
  • Stand Size: 495.0 ㎡

Key Property Features

  • Separate Flatlet

Additional Features

  • Secure Parking:8
  • Garden:1

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