The property listed below is no longer for sale. Click HERE to view other properties in the area.
This is an early new year bargain. Four bedrooms house with three flatlets that can be rented out. A good investment property. The property is located in the high demand area of Elsburg. It is within a walking distance to medicross, spur, Usave and the Lambton complex with the following shops; Clicks, Pick n Pay, Wimpy, Spar, Woolworths, Ndebank, McDonald, PEP, MTN, Builders' warehouse, Pick n pay clothing, Romans pizza and many more. This exciting investment property has the following income generating apartments: Flat 1: Full bathroom, 3 neat bedrooms, 1x store room, kitchen and security gates. This flat can generate about R5500 on monthly basis. Flat 2: This flat has an open plan lounge, Kitchen, bathroom with separate shower, one spacious bedroom, gas stove included. Potential R2500 rental on monthly basis. Flat 3; One bedroom unit, spacious lounge, Kitchen, separate bathroom with shower. Potential rental amount R3500 on monthly basis. The three flatlets can generate about R11 500 on monthly basis excluding the main house. This is a marvelous investment. Main house has 4 bedrooms, Lounge, Bathroom, separate guest bathroom, small office and cctv cameras all around the house. This is one not to be missed for investment purposes.
Purchase Price R 1 150 000
Monthly Rates1500
Monthly Levy1500
Type of PropertyHouse
Land Size793 m2
Last Updated18 Apr 2024
Laundry1
Flatlet2
Kitchen1
Bedrooms4
Bathrooms2
Lounges1
Dining Room1
Swimming PoolYes
Patio1
Outdoor LivingPlaster
Garages9
Carports8
SecurityYes
RoofingTile
FlooringTiles
Add Email Alert
To receive emails for similar properties in Elsburg!