Malvern, Johannesburg, Gauteng
R 1,200,000
11 Beds | 2.5 Baths | 495 m² Land
MONEY TREE FOR SALE - R15 000-PLUS IN YOUR POCKET EVERY MONTH
It's simple arithmetic - 2 semis. One has 3 rental rooms; one has 4. (7 rental rooms so far.) Now, each unit has 2 rental rooms out back. Add them up and your total is now 11 rental rooms. Each one collects R1 800 p.m. R19 800 gross income. Less say R4 000 for utilities and you collect R15 000- R16 000 per month. Clean income. If you're thinking about the price, let's put it this way. The seller wants to sell, you want to make money, we're here to make everyone happy. Plant the tree, water it monthly, put R180 000 per annum into your pocket
Key Details
Reference LFJN-10944
Listing type Sale
Property type House
Listing zone Residential
Suburb Malvern
City Johannesburg
Province Gauteng
Rates R 800
Property Details
Bedrooms 11
Bathrooms 2.5
Land size 495 m²
Fence Yes
Kitchen Yes
Lounges 1
Flatlets 1
Garden Cottage Yes
Finance
Bond Calculator
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Leapfrog Property Group does not accept liability for any damages arising from the use of this calculator.