Calling all buyers and investors to this property that is in a very good condition. The property is currently generating R10 300. The breakdown is as follows, two cottages are generating R2 000 each, the other 4 rooms are generating R1200 each and a bachelor going for R1500, bringing the total income to R10 300. With a little TLC, the property has potential to increase its income to R13 000 with ample space to extend or Build more rooms to increase the income.
The property is conveniently situated close to taxis going to OR Tambo, Kempton Park, Tembisa mall, Joburg CBD, and other surrounding areas. There are shopping centers, schools, police station and many more amenities in the area. This property will be attractive to low-income tenants working in and around the Tembisa area. So,
tenants are always going to be available.
Contact agent for viewing, don't miss it.
Read more...
Show Contact Number
