R 1,200,000

R 1,200,000

SIX RENTAL UNITS IN ONE PROPERTY – INVESTMENT OPPORTUNITY IN KAGISO!
2
Bedrooms
2
Bathrooms
Active

SIX RENTAL UNITS IN ONE PROPERTY – INVESTMENT OPPORTUNITY IN KAGISO!

Web Ref. MPLS-11833
Land size 308 m²
Floor size 308 m²
Monthly Bond Repayment
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Looking for a property with multiple rental-income opportunities? This property in Kagiso, Krugersdorp, offers six separate accommodation units on a 308 m² stand, making it an opportunity worth exploring for buy-to-let investors.

PROPERTY BREAKDOWN

Main House – 2 Separate One-Bedroom Units

The main house comprises two separate one-bedroom units, each featuring:

  • One bedroom
  • Kitchen
  • Shower and toilet

Outside Accommodation – 4 Bachelor Units

The property also features four outside bachelor units, each offering:

  • A mini kitchenette
  • A private toilet

Please note: The four outside bachelor units do not have showers.

PROPERTY FEATURES

  • Six separate accommodation units
  • Two one-bedroom units in the main house
  • Four outside bachelor units
  • Burglar gates and burglar bars
  • Fully walled yard
  • Secure parking
  • Stand size: 308 m²
  • Situated in Kagiso, Krugersdorp

INVESTMENT OPPORTUNITY

The property is advertised with an indicative rental income of approximately R11,800 per month, subject to verification.

At the asking price of R1,200,000, this equates to a potential gross rental yield of approximately 11.8% per annum, before operating expenses, vacancies, maintenance and other ownership costs.

This property may appeal to investors seeking multiple rental accommodation units on a single stand.

Six units. Multiple rental opportunities. One investment.

Interested in viewing this property or obtaining further information?

Features

Property Type Home
Listing Purpose Sale
Municipal Rates R 1
Occupation On Transfer
Floor Size 308 m²
Property Tags
Freestanding Single Storey Tile Plaster Brick Aluminium Window Options

Rooms

Bedrooms 2
Bathrooms 2
Kitchen 1
Outside Toilets 1
Lounges 1

Amenities

Flatlet Yes

4 outside rooms

Outbuilding

Outbuilding 1

4 rooms

Flatlet

Amenities

Dining Room Flatlet Burglar Bars Secure Parking

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.