R 5,500,000
R 5,500,000
12 parking baysErf 991 m²Energy supplies: EskomWater supplies: Council Supply
Expenses
Rates and Taxes:
R 1,224 per month

This well-positioned double-storey property offers 22 fully tenanted rooms, each with its own shower and prepaid electricity. 10 rooms generate R3,700 per month each, while 12 rooms generate R3,200 per month each, providing a total gross rental income of approximately R76,400 per month.
The property features two balconies, 12 parking spaces, an outside bathroom and toilet, and a 24-hour caretaker, making it well suited to an established rental operation.
Ideally located close to a Primary schools, SPAR, BodyFlow Gym, Norkem Park Corner, Shell Garage and KFC, with convenient access to everyday amenities.
A ready-made income-generating investment with all 22 rooms occupied.
Contact me for private viewing.