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R 4 900 000 (235 576 EUR*)

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11
7
14
± 980 m2
± 480m2
R 1622  / m
R 0  / m

Property Features
Access Gate
Built In Cupboards
Dining Room
Electricity Included
Entrance Hall
Family/TV Room
Fence
Flatlet
Free Standing
Garden Cottage
Kitchen
Laundry
Lounge
Main Ensuite
Pantry
Patio
Paving
Satelite
Scenic View
Scullery
Storage
Study
TV

PRIME 11 Bed INVESTMENT PROPERTY - SMART HOME WITH ENERGY EFFICIENT FEATURES

LOCATION ...LOCATION....LOCATION !!! IDEALLY SITUATED IN THE ENCLOSED PARKRAND AREA !

WITHIN WALKING DISTANCE TO TOP SCHOOLS / COLLEGES AND AMENITIES IN THIS UPMARKET SUBURB !

PERFECT AIR BNB SETUP !

IMMACULATELY REVAMPED, BOASTING A HOST OF ENERGY SAVING FITTINGS AND FIXTURES !

ULTRA MODERN FINISHES, ABSOLUTELY IMPECCABLE CONDITION !

FULLY TENANTED !

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  • We are excited to bring you this FANTASTIC INVESTMENT Opportunity, boasting with the following Features:

  • Meticulously designed and remodelled property featuring cutting-edge design, Ultra Modern Finishes and smart technology

  • Apartments consists of the following:
  • 3 x bedroom Units (with spacious lounges, Fabulous Kitchens and Luxurious Bathrooms.
  • 1 x 2 Bedroom Unit also with a spacious lounge, modern bathroom and fabulous Kitchen.

  • All bedrooms offer incredible volumes of space, Brand new built in Cupboards and modern Tiling.
  • All Kitchens fitted with Granite tops, ample Cabinetry and space for all appliances.
  • All apartments comes with Metered Plugs for ease of billing.
  • All four Units features Gas Geysers, Gas Hobs and Led Lighting throughout to maximize your Income whilst offering low utilities to your tenants.

  • Dedicated parking has been added, ensuring hassle-free accommodation for tenants

  • All windows been changed to Aluminium frames for a modern appeal.
  • Modern PVC Ceilings throughout.

  • All units have pre paid electricity meters.

  • Current Income:
  • 3 Bed Apartments at R11 000pm (incl water and services)
  • 2 Bed Unit at R9 000 (water and services included)

  • Gross Income at R 42 000
  • Expenses
  • Rates R 1 622
  • Elec R1163
  • Ref R 229
  • Water R 1 456
  • Sew R545
  • Net Income at R36 985pm



  • Don't delay on this Fantastic opportunity, call me today !

  • Reasonable offers will be considered.


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