Forest Hill - JHB - MR670729

House in Forest Hill - JHB, Johannesburg - South, Gauteng

R 950,000

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11
4
2
495m2
Forest Hill - JHB - MR670729
House in Forest Hill - JHB, Johannesburg - South, Gauteng
R 950,000
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Key Features

Rooms

  • 11 Bedrooms
  • 4 Bathrooms
  • Staff Room

Services

  • Rates and Taxes R875

Kitchen

  • Kitchen

Parking

  • 2 Garage

Lot Features

  • Fenced

More Features

  • Property Type - House
  • Seller Type - Private Property
  • Erf Size - 495m2
  • Price per square erf meter - R1,919 per m2

MyRoof Stats

  • 55 Views
PID=670729 DID=694792 SID=1

ELEVEN BEDROOM PROPERTY WITH PREPAID METERS| CALLING ALL INVESTORS | MONTHLY INCOME R18 000 PER MONTH

Why to Buy?

- Investment property with great return
- Eleven bedrooms - all with prepaid electricity meters
- Four showers and four separate toilets
- Fully tenanted - make money from day one
- Fully walled with burglar proofing
- Two lockup garages with three open parking’s
- Property situated close to bus and taxi routes

Check out this fully tenanted investment property to start making money from day one!

The main house has five rooms each collecting monthly rental at R1 700,00 each. Each room has pre paid electricity meters installed. The main house shares a single shower and toilet with one small kitchen.

Outside has six rooms – four rooms each collecting a monthly rental of R1 600, one room collecting a monthly rental of R1 800 and one small room collecting a monthly rental of R 1 400. Each room has a pre paid electricity meter installed. The back rooms share three showers and three toilets.

Room 1 R1 600
Room 2 R1 600
Room 3 R1 600
Room 4 R1 600
Room 5 R1 800
Room 6 R1 700
Room 7 R1 600
Room 8 R1 700
Room 9 R1 700
Room 10 R1 700
Room 11 R1 400

Total monthly rental income R18 000 per month. Rates and taxes including water R2 500 per month.

BONUS - The property has two lockup garages which can be converted into a spaza shop with th


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