Excellent investment opportunity, Ideal for rental to college students with the college being within walking distance.
Total monthly income of R71 100. Some units have a R150 electricity supplement monthly & R100 water contribution. The property is situated on 4 stands and includes 31 rooms made up of 19 single rooms, 6 double rooms and 6 small flats. There are enough bathrooms and kitchens to accommodate all tenants. There is a R1 000 000 solar powered inverter battery system at the premises for 20 of the rooms and flats. All rooms have prepaid meters and camera security system. There is also a tag, card and fingerprint system for tenant entry. 3 x 300-liter solar powered geysers. 2 x coin operated washing machines. Parking for approximately 18 vehicles with 2 entrances which includes a
heavy-duty electric gate.
Make an appointment to view these premises at your earliest convenience!!
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