This property is a dream and has been successfully operating yearly since April 2012 to-date, as a private young professional & international student house share – each of the 11 rooms being occupied by self-funded tenants.
This ultra-secure corner property is currently operating as a - Fully-furnished, fully equipped, fully-tenanted & fully-leased
7 bedroomed home with 4 partly-furnished cottages with 11 undercover parking bays and is to be sold with all contents.
With A annual Revenue of R 730 000.00
Annual Expenses of R 121 000.00
Showing Great monthly Nett profits of R 51 000.00
Therefore, the price of the property is to go at R 5 500 000.00 (Neg)
The property comes with a 10 page asset list that is included in the sale.
Don't miss out this great opportunity to own a dream home that is generating a income that can pay its self-off.
Contact me today to fill in a NDA and get more information on this stunning income generating property.