INVESTMENT OPPORTUNITY
Looking for a property with multiple rental-income streams? This one deserves your attention!
This well-secured property offers a 2-bedroom main house plus 4 outside rooms, creating an excellent opportunity for an investor looking to build or expand a rental property portfolio.
PROPERTY FEATURES:
2-bedroom, 1-bathroom main house
4 outside rooms
Multiple rental-income streams
Burglar gates
Fully walled and secure yard
Main house and outside rooms currently tenanted
Potential for strong rental income
According to the current rental information, the property generates approximately R11,800 per month in rental income.
Stated monthly rental income: R11,800
Potential annual rental income: R141,600
Asking Price: R1,200,000
That equates to a potential gross rental yield of approximately 11.8%, before expenses such as rates, maintenance, insurance and vacancies.
IDEAL FOR:
✔️ Property investors
✔️ Buy-to-let investors
✔️ Investors looking for multiple rental units
✔️ Buyers wanting to grow a property portfolio
Location: Kagiso, Krugersdorp
Interested in the numbers?
Contact me today for more information and to arrange a viewing.
Features
Rooms
Amenities
4 outside rooms
Outbuilding
4 rooms
Amenities
Finance
calculating..
calculating..
Disclaimer
While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.