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4 Bed 2 Bath And 4 Cottages JHB For Sale

Gauteng, South Africa
Asking Price:
R1,720,000
Turnover:
R342,000
Net Profit:
R290,000

BUY for ONLY R2,740 pm. NOT a misprint. 100 % bank bond. No deposit. Bank repayment R16,240 pm less cottage rental income of R13,500 pm = R2,740 pm.
990 m² Double Stand - 2 separate title deeds. 2 adjacent stands for the price of one.
4-Bedroom 2 Bathroom Home + 3 Cottages + additional Room
Cottage rental INCOME Potential: R13,500 per month. Live in the 4 bedroom hse for R2,740 pm. Or also rent out hse for R15,000 for extra income. Which is R28,500 pm total rental income for property investors.

The property includes THREE cottages and one additional room, offering RENTAL income or extended family accommodation.

4-bedroom main house with 2 bathrooms + 2 showers
Beautiful, modern, large kitchen
Double garage with workshop
Durable Harvey tile roof
3 COTTAGES plus one add room - Rental income R13,500 pm
Separate entrances for tenants and the main house
Remote-controlled car entrance gate
Secure on-site parking for each tenant
Water & Electricity prepaid-meters for all cottages & house
Vegetable Garden and pizza oven
Numerous established fruit trees
Very private and quiet setting in Persimmon street, Malvern

BARGAIN! BARGAIN! BARGAIN!

Property Information

Real Estate:

Real Property Included

Location:

johannesburg

Premises Details:

4 bedroom 2 bathroom + 4 cottages

Size in square feet:
990 sq m

Business Operation

Expansion Potential:

build more cottages

Reasons for selling:

deceased estate

Other Information

Financing available:

yes 100% bank finance

Listed by

Simpson Properties