Malvern, Johannesburg, Gauteng
R 1,199,000
2 Beds | 2 Baths | 120 m² Floor | 495 m² Land
COTTAGES, COTTAGES, COTTAGES - RENT EARNER IN A GREAT POSITION
This is what investor buyers are looking for. 7 Tenants, paying good rent. They're quiet and well behaved. And they're on a month-to-month rental arrangement, which means you, dear buyer, choose whether to keep them or tell them to go. With all this rental space there's still plenty of room for the owner to live comfortably you'll have your lounge, kitchen, 2 bedrooms and even 2 bathrooms, one en-suite. OK, the kitchen cupboards need fixing, but for this price, isn't it amazing that that's all that needs doing?
The location is great. It's a short walk to Spar, Checkers, and Jules St with its shops and transport. Not the bad side of Malvern, but the good side. That's why these tenants stay.
How do you finance a property like this? That's what we're here for. We help you apply for finance, show you the costs, and do everything you need to make this rent factory yours. All you do is get your documents together and move in. This property is a money maker. We'll help you make it yours.
Key Details
Reference LFJN-14643
Listing type Sale
Property type House
Listing zone Residential
Suburb Malvern
City Johannesburg
Province Gauteng
Rates R 600
Property Details
Bedrooms 2
Bathrooms 2
Floor area 120 m²
Land size 495 m²
Kitchen Yes
Lounges 1
En-suite bathrooms 1
Flatlets 5
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.
