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R 1 500 000 | 5 bed property for sale in reservoir hills

Property Description

This nice and spacious property is subdivided into three portions, making it an attractive investment opportunity. Conveniently located within walking distance from a bus stop and a mosque, it offers accessibility and a potential demographic. The property generates a steady income of R12,700 per month, and each portion is equipped with prepaid meters for efficient utility management. With its rental income potential and strategic location, this property holds promise for a savvy investor looking for a reliable source of revenue. Main house has 3 bedrooms with 1 bathroom and 1 toilet ,big lounge, and kitchen. Main house rental is R6700 excluding lights and water. Bottom there is 2 bedrooms, lounge, kitchen and 2 x bathrooms. Rent is R3500 excluding lights and water Granny flat has 1 small kitchen, lounge ,1 room and 1 bathroom Rent is R2500 excluding light and water The property has Double garage and alot of parking spaces for more vehicles


Property Details

Purchase Price R 1 500 000

Type of PropertyHouse

Last Updated01 Apr 2024

Rooms

Bedrooms5

Bathrooms4

External Features

Garages2

Property Location

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