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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