Calling all Investors & real estate business moguls - You do not want to miss this opportunity!
Incredible returns on investment!
What does this property consist of?
8 Rental units on the Property
12 month lease agreement contracts - managed by managing agent living on the property.
All currently at max capacity - of the tenants have been there for over 5 years!
Current Rental rates:
4x 3 Bedrooms Units at R 9000 pm
3x 2 Bedrooms Units at R 8000 pm
Unit 8 is a bachelor unit being rented out at R2000
(has a kitchenette & bathroom with only a shower)
3 Bedroom units have beautiful gardens with built in braai & patio area.
(some gardens bigger than others)
2 Bedroom units have smaller gardens and built in braai area.
Units all have prepaid electricity meters.
Water is charged to all tenants at R 250 per person, per month.
2 Carports per unit!
Borehole & irrigation
Childrens garden - little play area
Rates & Taxes R 1 985
Waste management R 2 400
Monthly rental income is R 65 000,00 pm
(after city of Tshwane costs)
No levies are currently being charged, as gardens are to be maintained by tenants.
Call Kyle for your exclusive viewing!
