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Farrarmere, Farrarmere, Benoni, Gauteng
R 2 000 000
Exceptional Investment Opportunity in the Heart of Farrarmere, Benoni Discover an outstanding income-generating property situated in the highly sought-after suburb of Farrarmere, Benoni. This versatile investment offers six self-contained units, making it an ideal choice for investors looking to expand their rental portfolio or buyers seeking a property with excellent income potential. The property currently generates close to R30 000 in monthly rental income, with strong potential for future growth. Each unit has been thoughtfully designed to provide comfortable living and features a well-appointed kitchen, a spacious lounge area, built-in cupboards, and either a bathroom or shower, ensuring convenience and privacy for tenants. The practical layouts appeal to a wide range of renters, contributing to strong occupancy potential. Each tenant also has their own dedicated parking space, adding further convenience and security. The property also offers five covered parking bays, providing secure parking for residents and visitors. Outside, you'll find a swimming pool that, with a little TLC, can be restored into a beautiful recreational feature, adding even more value and appeal to the property. An additional bonus is the borehole, which is already installed but not yet connected. Once operational, it has the potential to reduce water costs and enhance the property's long-term sustainability. Ideally located close to reputable schools, shopping centres, restaurants, medical facilities, and major transport routes, this property combines convenience with excellent investment potential. Farrarmere is well known for its peaceful atmosphere, established community, and high rental demand, making it a prime location for property investment. Whether you're an experienced investor or looking for your next high-yield opportunity, this unique property offers endless possibilities. With a few upgrades and personal touches, it can become an exceptional asset that delivers attractive rental returns for years to come. Don't miss this rare opportunity to secure a multi-unit investment in one of Benoni's most desirable suburbs. Contact us today to arrange your private viewing. Electricity Included Water Included
Estimated monthly repayment
R 18 887
on a R 1 800 000 bond over 20 years at 11.25%
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Farrarmere, Farrarmere, Benoni, Gauteng
Listed by
Lebo Naidoo
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