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R 3 000 000 (157 894 EUR*)

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15
11
10
6
± 800 m2
± 560m2
R 2000  / m

Property Features
Alarm
Balcony
Built In Cupboards
Dining Room
Entrance Hall
Family/TV Room
Fence
Fireplace
Free Standing
Garden Cottage
Guest Toilet
Jacuzzi
Kitchen
Lapa
Laundry
Lounge
Main Ensuite
Pantry
Patio
Paving
Scullery
Security Complex
Security Post
Storage
Study
Walk In Closet

Top Spot Street to Street Currently Receiving Rental Income

Consists of 3 built up units newly renovated and receiving rental income.
Annual income of R315 000.00
Rates: +-R2000/ month

Building structure for 2 ground floor units is erect and just requires finishin. A slight investment has the potential of increasing monthly rental by a minimum of R8 000.00/month

Plans approved for 1 additional Unit on the 1st floor
-
Details below

Unit 1: R10 000.00/month
Duplex
4 bedroom, 3.5 bathrooms
Spacious open plan lounge, dining room, sunken lounge, enclosed patio and sliding door opening onto outside patio with built-in braai area. Seperate fully fitted kitchen with granite tops and breakfastnoek.
All bedrooms offering built in cupboards, 3 bedrooms on the ground floor and 1 upstairs offering 2 ensuites.
Prepaid Electricity
Rental income: R120 000/annually

Unit 2: R9 000.00/month
1st Floor
5 bedrooms, 2.5 bathrooms
Open plan lounge & dining room with seperate fully fitted kitchen. Bedrooms offer built in cupboards with 1 ensuite offering a shower.
Prepaid Electricity
Rental income: R108 000.00/annually

Unit 3: R7 250.00/month
Ground Floor
Floor 3 bedrooms 1.5 Bathrooms
Open plan lounge & dining room with fireplace. Seperate fully fitted kitchen with private laundry area.
All bedrooms offer built in cupboards and bathroom offering a shower.
Prepaid Electricity
Rental income: R87 000.00/ annually

Unit 4: Built up structure
Ground Floor
Shell covers up
2 bedrooms
1 bathroom
Open plan kitchen, lounge & dining.
Estimated monthly rental: R6 000.00/ month
Estimated annual income: R72 000.00

Unit 5: Built up structure
1st Floor
Shell covers up
1 bedroom
1 bathroom (ensuite)
Seperate Open plan lounge, kitchen & dining room.
Estimated monthly rental: R3 000.00/ month
Estimated annual income: R36 000.00

Unit 6: Unit Plan Available
Large balcony to be utilized
2 Bedroom 1 bathrooms on first floor
Open plan living area
Estimated monthly rental: R5 500.00/ month
Estimated annual income: R66 000.00



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