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8 Bedroom House For Sale in Ivory Park, Midrand

Reference LH-172332

R625,000

8

2

2

250

Monthly repayment: R6,773
R
R
%
Prime lending rate 11.75%
Monthly repayments
R6,773pm
Required gross income: R22,577pm
Prequalify for an exact amount

Investment Opportunity: 8-Bedroom House Generating Monthly Income Welcome to a lucrative investment opportunity! This 8-bedroom property is not just a home; it's a smart investment that currently generates 10,000 rand per month by renting out all its rooms. Here are the key details: Property Overview: Bedrooms: The house comprises a total of 8 bedrooms, with 3 situated in the main house and an additional 5 rooms strategically added to maximize rental potential. Income Generation: Monthly Income: Currently, the property is generating a steady 10,000 rand per month, a testament to its income-generating potential. Investor Appeal: Calling All Investors: This property is specifically calling for investors keen on a consistent monthly income stream. With all rooms currently rented out, this is an opportunity not to be missed. House Configuration: Main House Bedrooms: 3 bedrooms are part of the main house, offering a comfortable living space. Additional Rooms: 5 supplementary rooms have been added to the property, providing additional rental opportunities. Facilities: Toilets: The property is equipped with 2 toilets to cater to the needs of the occupants. Advantages: Income Stability: With a proven track record of generating income, this property offers a stable and reliable return on investment. Room for Growth: The property's design allows for potential future expansion or enhancement to increase rental yield. This investment opportunity is not to be overlooked. Whether you're an experienced investor or exploring real estate for the first time, this property promises a sound and profitable venture. Act quickly

Exterior

Property Type:

House

Ownership Type:

Freehold

Number of Floors:

3

Last Sale Date:

28 Jun 1998

Land Size:

250sqm

Interior

Bedrooms:

8

Bathrooms:

2

Living Areas:

3

Study Rooms:

2

Parking Bays:

2

Financial

Rates & Taxes:

R600

Tenanted:

Yes

Monthly Rent:

R10,000

Suburb: Ivory Park

Contact agent for street address

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