Calling investors: upgraded well maintained property close to the main street.
Calling investors: upgraded well maintained property close to the main street.
Sole exclusive mandate This property features a house and three flats. A gross rental income of R 14 000 per month yields a net income of R 9 900 for investors who desire to buy this well kept, upgraded property. Secure tenants are in place. The main house yields R 5000, the three flats generate a monthly revenue of R3000 each. The municipal taxes and rates total R 1081. Consumer services are included in the rent which has not escalated in three years. The owner disinvests. The main house comprises of two bedrooms, two bathrooms, a kitchen, and a lounge. All three flats have been renovated. Access only after prior arrangement through the property practitioner.