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12 Bed House in La Rochelle
SET OF SEMIS SELLING AS ONE!
Fully tenanted with monthly gross rental income of R16 500 less water and utilities. Rent has not been increased for quite a long time.
Potential gross rental income as it stands is conservatively R21 800. There is enough space to build 4 more rooms at the back and thereby maximising space with a resultant rental income of conservatively R27 800.
Prepaid electricity. Parking for one car each side.
Each semi offers 5 bedrooms, kitchen, 1 bathroom and 1 outside room with shower and toilet. Prepaid electricity. Parking for one car on each side.
La Rochelle is situated between Turffontein Race Course to the West and Regents Park to the East and it is a short walking distance of about 20 minutes to Joburg CBD.
The dwelling will certainly suit an investor someone buying with a purpose to rent out!
Call with confidence for a viewing.
Property details
- Listing number T4688920
- Property type House
- Erf size 495 m²
Property features
- Bedrooms 12
- Bathrooms 4
- Open Parkings 2