• 9
  • 8
  • 494.0 m2

Monthly Costs

Monthly Bond Repayment ZAR .

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Mun. Rates & Taxes: ZAR 850.00

Property description

Ideally situated in walking distance to the bustling CBD, offering accommodation to those working in the area. CURRENT MONTHLY RENTAL INCOME R18 000/MONTH plus place for further tenants approximately another R6000/month, TOTAL OF R24 000/MONTH.

This dynamic property is comprised of:

4 Cottages:

Cottage 1 : 2 Rooms, kitchen, toilet and shower

Cottage 2 : Room, toilet and shower

Cottage 3 : Room, toilet and shower

Cottage 4 : Room, toilet and shower

PLUS : 4 En suite rooms and communal kitchen

PLUS : Garage which can be used or rented out as a Spaza shop.

Courtyard

All rooms are equipped with their own Prepaid electricity meters.

An excellent investment opportunity.

Property Details

  • 9 Bedrooms
  • 8 Bathrooms

Property Features

  • SPAZA SHOP
  • COTTAGE
  • EN SUITE ROOMS
  • PREPAID ELECTRICITY METRES