Highest Received Offer was R 800,000
Large house main building converted to 12 bedrooms each with own entrance,room sizes are
Average 12 square mt and larger.The property is total 1700square mt and came with approved plans for a triple garage and servants quarter and laundry room.this has now been converted to another 5 rooms.All the rooms have their own prepaid elect meter and tenants buy their own elect.There are total 17rooms fully tenanted receiving rental income of R12500 per month ,the rooms start from 650 for small and goes up to R950 ,excluding lights.there is currently a waiting list for tenants as we advertise in the isolezwe newspaper only for single black people only,the demand is higher than supply.There is still currently place to build 3 more large rooms with the foundation already done.,which will add another R2500 to total rental recieved.
Very good investment opportunity.We can also provide the property management service to the new buyer for a negotiable fee.
This house is for sale in Orient Hills. This is a private property sale.Continue reading...
This house is situated in a Residential Suburb
This single storey house floor area was measured at 210m2 and erf size was measured at 1700m2.
This house has monthly levy payable to the amount of R 650.
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