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Multi Let Investment Opportunity In Edenvale For Sale

Edenvale, Gauteng, South Africa
Asking Price:
R1,999,000
Sales Revenue:
R344,400
Cash Flow:
R323,760

Main house:
2 x Bedrooms
2 x Bathrooms
Living area/Dining room
Solid wood Kitchen with good space breakfast nook and separate scullery
Potential Rental:R8000
(This section of the house can converted into an additional 3 units)

Unit 1:
Open plan living and bedroom area
Kitchen
Shower toilet and basin
Prepaid meter
Current Rental:R3500

Unit 2:
Large open plan living and bedroom area
Kitchen with extra space
Shower toilet and basin
Prepaid meter
Current Rental:R4700

Unit 3:
Open plan living and bedroom area
Kitchen
Shower toilet and basin
Prepaid meter
Current Rental:R3300

Unit 4:
Open plan living area
2 x Bedrooms
Kitchen
Shower toilet and basin
Prepaid meter
Current rental:R5000

Unit 5:
Open plan living area
1 x bedroom
Kitchen
Shower toilet and basin
Current rental:R4200

Garage can be converted into an additional unit
There's also a loft which can be converted into and additional unit
Loads of parking space with minor adjustments

Property Information

Real Estate:

Real Property Included

Location:

Boomed Area
Good security

Business Operation

Expansion Potential:

See description