R 1 080 000
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11 Bed House in Forest Hill

11 3 4 495 m²

ELEVEN BEDROOM INVESTMENT PROPERTY | CALLING ALL INVESTORS | MONTHLY INCOME R17 000

Why to Buy?

- Investment property with great return on investment

- Eleven bedrooms - all with pre-paid electricity meters

- Four showers and four separate toilets

- Fully tenanted - make money from day one

- Fully walled with burglar proofing

- Two lockup garages with three open parkings

- Property situated close to bus and taxi routes

Check out this fully tenanted investment property to start making money from day one!

The main house has five bedrooms each collecting monthly rental at R1 650 each. Each room has pre-paid electricity meters installed. The main house shares a single shower and toilet with one small kitchen.

Outside has six rooms four rooms each collecting a monthly rental of R1 600, one room collecting a monthly rental of R1 800, and one small room collecting a monthly rental of R500. Each room has a pre-paid electricity meter installed. The back rooms share three showers and three toilets. Total monthly rental income R16 950 per month. Rates and taxes including water R2 500 per month.

BONUS - The property has two lockup garages with three open parking''s - more options to create more living spaces! The property is fully walled with good security and is situated close to bus and taxi routes.

This is your time! This is that investment property you have been waiting for! CALL TODAY!

Property details

  • Listing number T4807373
  • Property type House
  • Listing date 1 Oct 2024
  • Land size 495 m²
  • Rates and taxes R 652

Property features

  • Bedrooms 11
  • Bathrooms 3
  • Open parking 4
  • Pet friendly
  • Access gate
  • Staff quarters
  • Storage
  • Entrance hall
  • Kitchen
  • Garden
  • Paving

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