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R 2,800,000

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FOR SALE: AN INVESTOR'S DREAM PROPERTY : PRICE REDUCED FROM R 3 200 000.00 TO R 2 800 000.00 With an initial investment of R 507 344.00 to secure this property, the investor would achieve an annualised gross value yield of 112% and an annualised net value yield of 23%. Hardly ever does a unique investment property such as this one come onto the market, offering 4 spacious rental flats located in a tranquil cul-de-sac, a mere 300 meters from the Kuils River Central Business District. 4 FLATS – 1 BEDROOM – 2 BEDROOMS – 2 BEDROOMS – 3 BEDROOMS This property offers a discerning investor with a current monthly rental income of R30,557.00, which translates to an annual rental income of R366,684.00. In 2026, the monthly rental income will increase to R 33 704.00, which translates to an annual rental income R 404 454.00. The property is currently fully let with financially stable long-term tenants. The 4 flats in this property come with the following facilities and layout. Unit 1 – 2 x Bedroom, Kitchen, Lounge, Full bathroom. 1 x Exclusive use outdoor area which is perfect for the keeping of pets- Rental R 7550,00 per month (R 90 600.00 per annum) Unit 2 – 2 x Bedroom, Kitchen, Lounge, Full bathroom. Rental R 7550,00 per month (R 90 600.00 per annum) Unit 3 – 1 x Bedroom, Kitchen, Lounge, Full Bathroom, 1 x Exclusive use outdoor area which is perfect for the keeping of pets. Rental R 6475,00 per month (R 77 700.00 per annum) Unit 4 - 3 x Bedroom, Kitchen, Lounge, Dining Area, Full Bathroom, Guest Bathroom, 2 x Exclusive use outdoor areas, which is perfect for keeping pets. Rental R 8982,00 per month (R 107 784.00 per annum) All the units boast the following infrastructure elements: Each Unit has its own Electricity DC Board, prepaid meters for Water & Electricity, Each Unit has its private entrance, Each Unit has its dedicated washing lines, All Bedrooms have built-in Cupboards installed, and All Bedrooms have laminating floors installed. All rooms have curtain rods installed at all windows. Each Unit has its own Geyser installed. All entrances have modern awnings installed. All Kitchens have Built-in cupboards. All Kitchens have stoves installed. 15 large pot plants bring much colour and ambience to the exterior of the property in the absence of a formal garden. Fibre is distributed via cable to each Unit having its rooter. For detailed property information will be emailed on request submit your email to josephbruintjies@gmail.com or WhatsApp 082 499 8518. 1. Property 20-year cash flow projection 2. Property Current Tenant profile 3. Property Infrastructure Elements 4. Property layout for the 4 flats and the land Area Property is sold exclusively by the owner. Regrettably, no Estate Agents. Call me now to book an appointment for an exclusive viewing. Reason for selling: Buying a property to establish an Early Childhood Development Centre as a legacy social impact project with a crime infested community

3mo