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Elsburg, Elsburg, Germiston, Gauteng
R 1 200 000
Secure your future with this exceptional investment property located in a highly sought-after area of Germiston. This well-maintained property is a turnkey solution for any serious investor, boasting a strong potential for high rental returns with existing tenants already in place. The property is specifically designed for rental income, featuring a total of 8 inside rooms with a shared kitchen and a communal bathroom equipped with a shower, basin, and toilet. Adding to its income-generating potential, there are also 6 separate outside rooms that share their own dedicated bathroom and toilet facilities. This unique configuration maximizes occupancy and rental income. The entire property is built for practicality and low maintenance, featuring a spacious, fully paved yard and is securely walled for peace of mind. Prime Location for High Tenant Demand The property's location is a key factor in its investment appeal, ensuring high tenant demand. It is centrally situated with excellent access to a wealth of amenities that cater to a diverse tenant base. For shopping and daily essentials, the property is just a short trip from Golden Walk Shopping Centre and The Reef Shopping Centre. The area also offers a wide range of schools, including Germiston High School and Afrikaanse Hoërskool Germiston, making it an ideal location for tenants with families. Residents will appreciate the easy access to local recreational spots like Victoria Lake (Germiston Lake), which is perfect for various water activities, as well as the nearby Germiston Golf Course. For healthcare, the property is in proximity to several medical facilities, including Life Roseacres Hospital. The property's central location in Germiston offers unparalleled connectivity, providing tenants with easy access to major roads and public transport for a simple commute to Johannesburg and surrounding areas. This is a rare opportunity to acquire an income-generating asset in a thriving community. Contact us today to learn more and secure this valuable investment. 8 Inside Rooms 6 Outside Rooms Kitchen
Estimated monthly repayment
R 11 332
on a R 1 080 000 bond over 20 years at 11.25%
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Elsburg, Elsburg, Germiston, Gauteng
Listed by
Hendrik Taylor
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