NEW
Web Ref RL6540
R2,700,000
Monthly Bond Repayment R27,411.18
Calculated over 20 years at 10.75% with no deposit.
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Monthly Rates
R1,100
R1,100
5 unit income Generator for sale
This property is a great investment property yielding more than 10% return on your investment. The property houses 5 separate units all generating an income of approximately R30000pm. This property if rezoned is ideal for a bed and breakfast or a small hotel using hourly rates and overnight stays. The use is endless with this amount of space. Currently it also has a spa and salon on it.
The main house is used a spa, message parlor and salon. Consisting of 3 spacious rooms two with en-suites. A huge lounge and a kitchen or dining area. There are further 4 units being used by tenants as residential space. There is ample parking through out the property. A pool to entertain family and friends and a lapa. Rates are low at around R1000pm. Located on Sarnia Road, this is perfectly located on a main road with a lot of traffic.
Call me today if you would like to view this great investment property.
The main house is used a spa, message parlor and salon. Consisting of 3 spacious rooms two with en-suites. A huge lounge and a kitchen or dining area. There are further 4 units being used by tenants as residential space. There is ample parking through out the property. A pool to entertain family and friends and a lapa. Rates are low at around R1000pm. Located on Sarnia Road, this is perfectly located on a main road with a lot of traffic.
Call me today if you would like to view this great investment property.
Features
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
6
Kitchen
4
Reception Rooms
5
Study
1
Furnished
No
Exterior
Security
No
Parkings
8
Flatlet
4
Domestic Accomm.
1
Pool
Yes
Sizes
Floor Size
450m²
Land Size
2,762m²
