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La Rochelle, La Rochelle, Johannesburg, Gauteng
R 1 800 000
Located in the heart of La Rochelle, this excellent investment opportunity offers 8 spacious 1-bedroom cottages, ideal for generating consistent rental income. The property currently produces an impressive R25 000 per month, inclusive of prepaid utilities, making it a hassle-free addition to any investor's portfolio. Each cottage is designed for comfortable living, appealing to working professionals and tenants seeking affordable accommodation in a well-positioned area. The property offers strong income potential with room for future growth and optimisation. Conveniently situated close to main roads, schools, shopping centres, and public transport routes, this property combines accessibility with solid rental demand. Asking Price: Slightly negotiable A rare opportunity for investors looking to expand their property portfolio with a multi-let income-generating asset. REAPING HARVEST INVESTMENTS 73 (PTY) LTD trading as RE/MAX All Stars (Germiston) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 16 998
on a R 1 620 000 bond over 20 years at 11.25%
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La Rochelle, La Rochelle, Johannesburg, Gauteng
Listed by
Deon Nel
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