R 1 499 000
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3 Bed House in Rhodesfield

3 1 1 992 m² 254 m²

INVESTMENT OPPORTUNITY IN RHODESFIELD!

CASH FLOW GENERATING PROPERTY!

Discover this exceptional investment property in Rhodesfield, boasting:

MAIN HOUSE:

- 3 Spacious Bedrooms

- Lounge

- 1 Toilet

- Separate Bathroom

GRANNY FLATS:

- 3 Individual units, perfect for rental income

- Each with its own amenities

INCOME GENERATION:

- Current rental income: R23 000 per month

- Potential for increased revenue through structural improvements & additions

LOCATION:

- Rhodesfield, close to:

- OR Tambo International Airport

- Major highways

- Shopping centers

- Schools

FEATURES:

- Secure property with potential for additional security upgrades

- Ample parking

- Well-maintained grounds

VIEWING:

Arrange a viewing today and capitalize on this incredible investment opportunity!

ROI (Return on Investment) Breakdown:

- Purchase price: R1 500 000

- Monthly rental income: R23 000

- Annual rental income: R276 000

- ROI: approximately 18.4%

Don''t miss out!

This property offers a unique opportunity for savvy investors to generate significant passive income. Act now and secure your financial future!

1 Entrance Hall

1 Kitchen

1 Lounge

1 Scullery

3 Bedroom

1 Guest Loo

1 Bathroom

3 BIC

1 Carport

3 Granny Flat

Free Standing

Lounge

Property details

  • Listing number T4810547
  • Property type House
  • Listing date 3 Oct 2024
  • Land size 992 m²
  • Floor size 254 m²
  • Rates and taxes R 1 076

Property features

  • Bedrooms 3
  • Bathrooms 1
  • Covered parking 1
  • Pet friendly
  • Access gate
  • Built in cupboards
  • Entrance hall
  • Kitchen
  • Scullery
  • Garden cottage
  • Guest toilet

Photo gallery