ref # 2232

 ref # 2232

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R 6 299 000 (300 668 EUR*)

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18
10
10
± 3185 m2
R 2130  / m

Property Features
Borehole
Garden
Staff Quarters

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 - All units occupied with 12-month leases in place -
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 braais & 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!

  • Fantastic investment opportunity
  • Walking distance from Kolonnade shopping center
  • All units at full capacity



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