- 19
- 12
- 495.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
Affordability Calculator | Bond Costs Calculator | Bond Repayment Calculator | Apply for a BondBond Calculator
Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.
Mun. Rates & Taxes: ZAR 3724.00
Property description
WHY TO BUY?
- Approximately 19 letting rooms/units
- Established multi-let residential investment
- Dedicated caretaker accommodation
- Gross rental potential of approximately R47,100 per month
- Rental potential of approximately R45,500 per month excluding the caretaker room
- Multiple individual rental streams from one property
- Attractive option for investors looking for residential income
- Good portfolio diversification opportunity
- Suitable for investors seeking a high-density rental property
- Established rental structure already in place
- Opportunity to own multiple letting spaces under one title
- Ideal addition to an existing property investment portfolio
- Strong long-term income potential
- Located in Bellevue East
Situated at Hunter Street, Bellevue East, this property presents an attractive opportunity for an investor looking to acquire an established multi-let residential asset.
The property comprises approximately 19 letting rooms/units, including dedicated caretaker accommodation, providing an investor with multiple rental streams from a single property.
The property offers a gross rental potential of approximately R47,100 per month. Should the designated caretaker room continue to be used as rent-free accommodation, the rental potential available to an investor is approximately R45,500 per month.
Individual rooms and units have scheduled rentals ranging from approximately R1,600 to R3,000 per month, depending on the accommodation.
With its multi-let configuration and substantial monthly rental potential, this property offers an appealing opportunity for investors seeking income diversification across multiple residential units within one investment.
An excellent addition to a residential investment portfolio, offering established accommodation and attractive income potential in Bellevue East.
Contact us today to arrange a viewing and discover the investment potential this property has to offer.
Add a monthly income calculationReduce repeated investment wording
Property Details
- 19 Bedrooms
- 12 Bathrooms
Property Features
- Access Gate
Virtual Tour
| Bedrooms | 19 |
| Bathrooms | 12 |
| Erf Size | 495.0 m2 |
