Amazing Investment Opportunity in Vosloorus - Fully Tenanted 8 Units and Generating Income

R 1,500,000

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12 days ago21 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Covered
Description
Investor's Dream Property in Vosloorus - Fully Tenanted and Generating Income
This exceptional property in Vosloorus presents a golden opportunity for savvy investors. Currently, the entire property is fully let out, ensuring a steady stream of rental income. Here's a closer look at what this property has to offer:
Main House:2 spacious bedrooms provide comfortable living space.A well-appointed bathroom with a bathtub adds convenience.The open-plan lounge and kitchen area create a welcoming and functional living space.
Outside:Two single rooms with an external toilet and shower offer additional rental potential.
Downstairs:A mini-supermarket on the premises caters to local shopping needs, enhancing the property's value.A salon with washbasin facilities appeals to those seeking grooming services.A take-away restaurant serves as a convenient dining option for both residents and the surrounding community.
Upstairs - Two Units:Bachelor's Flat:This unit features a kitchenette for basic cooking needs.A separate toilet and shower ensure privacy and comfort.One-Bedroom Flat:Offering one bedroom and one bathroom with a bath, this unit accommodates a small family or individual.An open-plan kitchen and lounge area create a comfortable living space.
Each Unit:All units are equipped with their own prepaid electricity meters, allowing tenants to manage their energy consumption efficiently.
This fully tenanted property boasts not only multiple income streams but also the convenience of various amenities right on-site. Don't miss out on this rare opportunity to invest in a property that is already a lucrative income generator. Secure your financial future with this Vosloorus gem.

Property Reference #: 7002001-53315

Agent Details:
Jonaid Bobert
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274222189
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Estimated monthly repaymentR 16,256
Total property loan amountR 1,500,000
Total interestR 2,401,346
Total repaymentR 3,901,346
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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EXP Realty
Selling for 2+ years
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