R 2 649 000
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7 Bed House in The Reeds

7 6 2 1 277 m² 330 m²

On-Show Sunday 17 February (12h00 - 14h00) - By prior appointment only:

Pre-School / After-School or Residential accommodation business opportunity in The Reeds, Centurion!

Just imagine owning this lucrative property that effortlessly generates an income for you!

Picture this: an investment opportunity presenting four spacious 1 Bedroom Self Catering Units, each boasting its own private Entrance, Kitchenette, en-suite Bathroom, Private Parking, Pre-paid Electricity, dedicated Geyser, and a charming communal Garden with ample visitor parking.

With each unit commanding a rental rate of R 5 000.00 per month, the total income amounts to an impressive R 20 000.00.

These Units can easily be converted into pre-school / after-school Classrooms + an administration Centre. Property situated within walking distance from Primary and High schools.

But that''s not all!

This offering also includes a meticulously maintained 3 Bedroom Family Home, featuring a generous Lounge/TV Room equipped with a built-in Braai and sliding door leading to the garden, an open-plan Dining Room, Kitchen with a separate Scullery, and three Bedrooms with built-in cupboards. The master bedroom enjoys the luxury of an en-suite bathroom, while a second bathroom offers a bath, shower, basin, and toilet.

Completing the package, outside awaits a double garage and storage room.

Now, seize the opportunity as the current owner retires, making this profitable property available for acquisition!

Projected repayment @ 11.75% interest:

Period: 20 Years

Monthly Payment: R 29 508.00

Rental Income: R 20 000.00

Balance: R 9 508.00

Rarely does an opportunity of this caliber present itself in Real Estate!

Erf Size: 1 277 m

Floor Area: 330 m

Rates and Taxes: R 1 477

Please contact Gibbon or Amanda for viewing arrangements.

Property details

  • Listing number T4506859
  • Property type House
  • Erf size 1 277 m²
  • Floor size 330 m²
  • Rates and taxes R 1 477

Property features

  • Bedrooms 7
  • Bathrooms 6
  • Dining Areas 1
  • Garages 1
  • Open Parkings 1
  • Covered Parkings 1
  • Flatlets
  • Kitchen
  • Garden
  • Family Tv Room

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