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For Sale: 8 Bedroom 5 Bathroom Property Subdivided Into 4 Spacious Rental Flats- Make Fair Offer.

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. This property offers a discerning investor a current monthly rental income of R32,557.00, which translates to an annual rental income of R386,684.00. In 2026, the monthly rental income will increase to R 35 704.00, which translates to an annual rental income of R 424 454.00. The property is currently fully let with financially stable long-term tenants. The 4 flats on 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 - Unit 2–2 x Bedroom, Kitchen, Lounge, Full bathroom. Unit 3–1 x Bedroom, Kitchen, Lounge, Full Bathroom, 1 x Exclusive use outdoor area which is perfect for the keeping of pets. Unit 4–3 x Bedroom, Kitchen, Lounge, Dining Area, Full Bathroom, Guest Bathroom, 2 x Exclusive use outdoor areas which are perfect for keeping pets. All the units boast the following infrastructure elements: Each unit has its own electricity sub-distribution board. A prepaid water meter is installed in each unit. A pre-paid electricity meter is installed in each unit. Each unit has its own private entrance. Each unit has its own dedicated washing lines. All bedrooms have built-in cupboards installed. All bedrooms have laminated floors installed. All rooms have curtain rods installed on 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. In addition, the property comes with: 8 secured parking areas behind 3 sets of sliding gates that can be opened individually This property presents an opportunity for multi-use in the future as either a guest house / Airbnb or a day care and after-care center, or for student housing in view of its proximity to the Kuilsriver CBD or as a business premise such as offices or a Medical Practice. Whether you're looking to expand your investment portfolio or capitalise on the high demand for shared housing, this property is an excellent opportunity to bring into your portfolio. Its prime location and unique features render itself a must-see for any investor. A detailed property information spreadsheet will be emailed on request: Submit email request to josephbruintjies@gmail.com or WhatsApp 082 499 8518. Property is sold exclusively by the owner. Regrettably no Estate Agents. .

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Kuils River

R 9,000

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PREFERENTAL The Preferred way of RentingLocated in the leafy suburb of Ferndale, Taavi Place has the perfect feeling of being home within the bustling city and still being able to find peace of mind in the tranquillity of your home.Randburg is very central and has a good mix of residential homes, shops, and commercial property. The new lifestyle shopping centre, Ferndale on Republic, boasts strong national brands and stores nearby. It is within walking distance from the Gautrain Shuttle Stop.The apartments are stylishly designed with quality finishes throughout.The kitchen is fitted with modern styled built-in cupboards, oven, and gas hob with splashback tiles and granite countertops.There is sufficient space for either a double or single door fridge with a water connection to your fridge filter.There are 2 plumbing points installed in the kitchen for a dishwasher and washing machine for your convenience.Both bedrooms come standard with built-in cupboards and are stylishly rounded off with durable tiles.There are 2 bathrooms - 1 family bathroom with a bath and the ensuite has a shower.As an eco-friendly initiative for the development, a gas hob is installed and the geysers are solar assisted.Features:* Floor size = 76 m2 (Including Patio of 8m2)* Top kitchen cupboards* Granite kitchen countertops* Built-in oven and gas hob* 2 Plumbing Points - Dishwasher & Washing Machine* Tiled throughout* Built-in braai on patio* 2 Bedrooms with Built-in cupboards in both bedrooms* 1 Bathroom en suite with shower* 1 Bathroom with bath* 1 Covered parking* Secure complex - access controlled* Prepaid electricity meters* Billed Water--------------------------------------------------------------------------------------------------------------------------------- Interested in this property?Please fill in your NAME, EMAIL, and PHONE NUMBER in the Contact Agent Section on this Advertisement to receive the contact information for this property.Security deposit Required (amount to be determined)All deposits are kept in an interest-bearing account and interest earned accrues to the tenant.Applicants are required to complete an online rental application where this application will be used for a credit and background check. Latest 3 month Bank statement, Latest 3 month Payslips, a certified copy of ID, proof of current lease agreement.The tenant applications are online and paperless making the application process quick and easy.(Ref No.: Pref42379618)Property Reference #: Pref42379618Agent Details:Preferental PlatformPreferental Platform3 Denise Street, Morningside, Sandton, 2196JohannesburgOffice Hourse 8am - 5pm Monday to Friday Phones 9am - 4pm Monday to (most) Fridays

6mo