Malvern, Johannesburg, Gauteng

Sole Mandate

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

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20 Years
Monthly Repayment:
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Total Once-off Costs:
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Min Gross Monthly Income:
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*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.

Disclaimer

While every effort will be made to ensure that the information contained within the Leapfrog Property Group website is accurate and up to date, Leapfrog Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.