South Kensington, Johannesburg, Gauteng
R 2,699,000
10 Beds | 10 Baths | 1,475 m² Land
INVESTORS KNOW A GOOD THING WHEN THEY SEE IT!
Close to schools, Eastgate Mall, freeways, clinics. TREBLE stand with parking & pool. 10 (ten!) units, each with own bathroom. Potential gold mine. Pick it up for below its real value, spruce it up, and get the rents rolling in. And that’s where we can be useful.
You can always DIY, but our basic or managed service options are safer. In the basic model we market the units, screen tenants, present you with their credit scores, collect the deposit plus the first month’s rent up front, and conduct legally compliant occupation inspections. In the managed model we collect the monthly rent, make payments such as electricity & water on your behalf, and also attend to minor repairs. Then, the elephant in the room – what if you need to do an eviction? We offer a 100% legally compliant eviction process for which the tenant pays!
We also do bond origination, and our system WORKS. We have a history of getting otherwise-borderline applications over the line, and of saving applicants those 25, 50, even 100 basis points that add up to a lot of money in the long term. Basic or turnkey, you choose.
Key Details
Reference LFJN-13915
Listing type Sale
Property type House
Listing zone Residential
Suburb South Kensington
City Johannesburg
Province Gauteng
Rates R 1,334
Property Details
Bedrooms 10
Bathrooms 10
Open parking 6
Covered parking 6
Land size 1,475 m²
Swimming pool Yes
Fence Yes
Patio Yes
Garden Yes
Paved yard Yes
Kitchen Yes
Lounges 1
Storeys 1
En-suite bathrooms 10
Flatlets 6
Built-in braai Yes
Garden Cottage Yes
Staff quarters Yes
Built-in cupboards Yes
Investment rent maker - 10 lettable units
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.