R 3,000,000
Investment Opportunity Not To Be Missed
Ref # 2385189 : Rabie Ridge , Midrand , Gauteng
Property Details
Investment Opportunity in Prime Location
Discover a fantastic investment opportunity with this remarkable property comprising a total of nine units, seven of which are currently rented and generating a steady income. The property boasts an impressive monthly revenue of R35,000, making it an attractive proposition for investors.
Among the nine units, two stand out with their additional features, offering a dining room and a full bathroom. These units are thoughtfully designed with built-in wardrobes and ample cupboard space, providing convenience and comfort for tenants.
The property offers a communal braai area, perfect for social gatherings and enhancing the community feel for residents. Additionally, tenants can enjoy a balcony that provides a breathtaking view of the surrounding area, adding to the property's appeal.
Security is a top priority, as the property is fully walled and gated, ensuring peace of mind for both tenants and investors.
Priced at R3 million, this property represents an excellent opportunity to secure a high-yield investment in a desirable location. Don’t miss out on this chance to enhance your portfolio with a lucrative and well-maintained asset.
Property Features
- Property Type House
- Bath 4
- Garages 1
- Building Size 105m²
- Land Size 320m²
- Living Area 1
- Grade C3
Associated Costs
- Rates & Taxes ± 700
- Levy ± 350
Location
Enquiry
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