10 Bed House in Adcockvale
Massive Income Potential
Massive Income Potential
This 4-unit apartment block from a bygone era awaits someone to turn it into its full potential.
The property is situated on the quiet side of Central and consists of the following:
2 Upstairs units consist of 2 bedrooms, a kitchen and a bathroom
2 Ground floor units consist of 3 bedrooms, a kitchen and a bathroom
The flatlet consists of a kitchenette, a bathroom, and a living/sleeping area
This property can be a great income generator if managed correctly.
Monthly Rental Income: R19 500
Monthly Expenses: R8 159
Monthly Net Income: R11 341
Yearly Net Income: R136 094
ROI: 8,78%
Call me to arrange your private viewing.
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Property details
- Listing number T4558232
- Property type House
- Listing date 13 Mar 2024
- Land size 574 m²
- Floor size 264 m²
- Rates and taxes R 2 000
Property features
- Bedrooms 10
- Bathrooms 4
- Lounges 4
- Flatlets