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An Exceptional Investment Opportunity: Fully Occupied 10 -Bedroom Commune for Sale
R 1,999,000
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8 months ago148 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):4+
Size (sqm):477
Parking:Covered
Description
Discover an extraordinary investment opportunity with this thriving 10-bedroom commune, currently enjoying full occupancy and generating a monthly rental income of R3500 per room. This strategically positioned property comes complete with secure lease agreements, deposits in place, and a multitude of amenities that cater to the comfort and convenience of its occupants.
Key Features:
Steady Rental Income: With all ten rooms rented out at R3500 each per month, this property ensures a consistent and substantial monthly rental income. The established lease agreements and deposited funds provide a secure foundation for your investment.
Individual Room Amenities: Each room in this well-maintained commune is equipped with essential amenities, including a private bathroom, bar fridge, bed, limited bedding, and individual electricity meters. This attention to detail guarantees a comfortable and self-sufficient living experience for each resident.
Communal Areas: The communal area consists of a spacious kitchen and inviting outdoor spaces. These areas encourage social interaction and create a sense of community among the occupants.
Parking Facilities: The property offers ample parking space with nine dedicated parking bays, ensuring convenient and secure parking for all residents.
Borehole and Water Supply: An exceptional bonus to this property is the strong borehole that currently supplies water to the entire house. This invaluable resource not only ensures a reliable water supply but also adds to the property's self-sufficiency.
No Load Shedding Area: The property's location in a no-load-shedding area eliminates concerns about power outages, offering a continuous and uninterrupted supply of electricity.
This property presents a unique and profitable investment opportunity in a prime location. Whether you're an experienced investor or a newcomer to the market, the full occupancy, established rental income, and array of amenities make this a truly compelling venture.
Don't miss the chance to secure a strong and reliable income stream while providing comfortable living spaces for your tenants. Contact us today to explore this exceptional 9-bedroom commune and embark on a lucrative investment journey.
Property Reference #: RL849
Agent Details:
Nicci Pretorius
Salt and Pepper Homes
11 Doring ave
Montana park
Pretoria
0159
Key Features:
Steady Rental Income: With all ten rooms rented out at R3500 each per month, this property ensures a consistent and substantial monthly rental income. The established lease agreements and deposited funds provide a secure foundation for your investment.
Individual Room Amenities: Each room in this well-maintained commune is equipped with essential amenities, including a private bathroom, bar fridge, bed, limited bedding, and individual electricity meters. This attention to detail guarantees a comfortable and self-sufficient living experience for each resident.
Communal Areas: The communal area consists of a spacious kitchen and inviting outdoor spaces. These areas encourage social interaction and create a sense of community among the occupants.
Parking Facilities: The property offers ample parking space with nine dedicated parking bays, ensuring convenient and secure parking for all residents.
Borehole and Water Supply: An exceptional bonus to this property is the strong borehole that currently supplies water to the entire house. This invaluable resource not only ensures a reliable water supply but also adds to the property's self-sufficiency.
No Load Shedding Area: The property's location in a no-load-shedding area eliminates concerns about power outages, offering a continuous and uninterrupted supply of electricity.
This property presents a unique and profitable investment opportunity in a prime location. Whether you're an experienced investor or a newcomer to the market, the full occupancy, established rental income, and array of amenities make this a truly compelling venture.
Don't miss the chance to secure a strong and reliable income stream while providing comfortable living spaces for your tenants. Contact us today to explore this exceptional 9-bedroom commune and embark on a lucrative investment journey.
Property Reference #: RL849
Agent Details:
Nicci Pretorius
Salt and Pepper Homes
11 Doring ave
Montana park
Pretoria
0159
Id Subtitle 1230580081
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Estimated monthly repaymentR 21,664
Total property loan amountR 1,999,000
Total interestR 3,200,194
Total repaymentR 5,199,194
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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Salt and Pepper Homes
Selling for 2+ years
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