Welcome to this Excellent investment opportunity with this multi-tenanted property, offering a total potential income of R19,500 per month! The main house features 6 bedrooms rented individually, providing steady income streams. Tenants share 2 bathrooms, a spacious kitchen, and a scullery, creating a communal living environment ideal for renters.
The property includes outbuildings for additional rental income, comprising a 1-bedroom flatlet, a bachelor flatlet, and 2 outside rooms. These units share a separate outside bathroom, providing flexible accommodation options.
With 2 garages for secure parking, this property is a strong choice for investors seeking high rental yield within a well-maintained, communal-style residence.
Germiston property: A profile of Germiston property from a prospective buyer’s perspective, with information on facilities and attractions.
Germiston Property
Germiston is a bustling residential and industrial hub located in Gauteng’s East Rand. It acts as the seat of the Ekurhuleni Metropolitan Municipality, and has a rich history leading back to the discovery of gold on the...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.