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Forest Hill, Forest Hill, Johannesburg, Gauteng
R 7 862 700
The property in Forest Street, Turffontein has multiple income-generating opportunities from both commercial shops and residential rooms. The monthly rental income can be described as follows: Needs a little TLC Water & Electricity is pre-paid Shop rental income: Barber shop Tailor shop Salon rental Inside the main house: 2 rooms Outside rooms: 6 Large Rooms Additional business rentals: Fish and Chips shop Fruit and Veggie shop Flatlet rental: 1 Flatlet The main house contains a bathroom fitted with a shower, basin, and toilet for the indoor tenants. Outside, the property provides shared ablution facilities for multiple tenants, consisting of 2 outside toilets and 1 outside shower. This property offers strong rental income potential through a combination of retail businesses and multi-tenant residential accommodation in a busy area of Turffontein, Johannesburg. Total estimated monthly rental income = R30,350 per month. This mixed-use property provides both residential and commercial income
Estimated monthly repayment
R 74 250
on a R 7 076 430 bond over 20 years at 11.25%
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Forest Hill, Forest Hill, Johannesburg, Gauteng
Area view — the exact address is shared on enquiry.
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