Five Rental Units
INVESTORS, take a LOOK!
Five rental units, level layout, situated in a quiet, family-friendly neighbourhood with convenient access to local shops, public transport and schools.
Fully walled and gated, offering ample secure off-road parking for all occupants.
The original house has been divided into a 2-bedroom flat and 2 studio flats. The original tandem garage is now a 1-bedroom flat, and the property also features a freestanding cottage with 2 bedrooms.
Four of the units are currently tenanted for a total of R18,500. Flat C, which is vacant, was rented out for R6,500 per month.
Flat A: A freestanding cottage with 2 bedrooms, an open plan kitchen & lounge, family bathroom, tiled floors, and a small veranda. Currently rented for R6,500 per month.
Flat B: The original tandem garage, comprising 1 bedroom, open plan lounge & kitchen, tiled floors, and an ensuite bathroom. Currently rented for R4,500 per month.
Flat C: Part of the original house, featuring two bedrooms, a family bathroom, a lounge, and a fitted kitchen. It has Oregon pine floors, a covered patio, and laundry facilities. Previously rented for R6,400 per month.
Studio flats A & B: Approximately 25m² each, mirror images of each other. Each includes a small patio, an open-plan lounge, a kitchen, a bedroom, and a bathroom, with Oregon pine floors. Currently rented for R3,800 per month each.
All existing tenants are eager to stay on and are currently renting on a month-to-month basis.
If you are looking for an income-generating property, this is worth considering; your tenants will provide a steady monthly passive income, and properties in this neighbourhood generally appreciate over time.
Don’t delay, make an appointment with us to view this income-earning property today!
Five rental units, level layout, situated in a quiet, family-friendly neighbourhood with convenient access to local shops, public transport and schools.
Fully walled and gated, offering ample secure off-road parking for all occupants.
The original house has been divided into a 2-bedroom flat and 2 studio flats. The original tandem garage is now a 1-bedroom flat, and the property also features a freestanding cottage with 2 bedrooms.
Four of the units are currently tenanted for a total of R18,500. Flat C, which is vacant, was rented out for R6,500 per month.
Flat A: A freestanding cottage with 2 bedrooms, an open plan kitchen & lounge, family bathroom, tiled floors, and a small veranda. Currently rented for R6,500 per month.
Flat B: The original tandem garage, comprising 1 bedroom, open plan lounge & kitchen, tiled floors, and an ensuite bathroom. Currently rented for R4,500 per month.
Flat C: Part of the original house, featuring two bedrooms, a family bathroom, a lounge, and a fitted kitchen. It has Oregon pine floors, a covered patio, and laundry facilities. Previously rented for R6,400 per month.
Studio flats A & B: Approximately 25m² each, mirror images of each other. Each includes a small patio, an open-plan lounge, a kitchen, a bedroom, and a bathroom, with Oregon pine floors. Currently rented for R3,800 per month each.
All existing tenants are eager to stay on and are currently renting on a month-to-month basis.
If you are looking for an income-generating property, this is worth considering; your tenants will provide a steady monthly passive income, and properties in this neighbourhood generally appreciate over time.
Don’t delay, make an appointment with us to view this income-earning property today!
Monthly Rates
R1,222
Features
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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Disclaimer
While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties 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.
