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Karenpark, Karenpark, Akasia, Gauteng
R 1 595 000
Property Highlights SEPERATE PREPAID METERS Prime location in Karenpark, a high-demand residential area Strong monthly rental income of R29,000+ Excellent potential to increase income to R33,000 per month NBNB Main House 3 spacious bedrooms 2 bathrooms Generous layout suitable for family living or rental conversion Income-Generating Units 4 fully tenanted flats Long-term lease agreements in place Stable and predictable rental income Well-maintained and tenant-friendly units Additional Income Potential 5th flat (2-bedroom) requiring renovation Opportunity to boost rental returns with minimal upgrade Investment Appeal Turnkey investment with immediate cash flow Expansion potential for increased yield Ideal for both seasoned investors and first-time buyers Great addition to a property portfolio This property stands out as a reliable income generator with built-in growth opportunities.
Estimated monthly repayment
R 15 062
on a R 1 435 500 bond over 20 years at 11.25%
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Karenpark, Karenpark, Akasia, Gauteng
Listed by
Thulani Ramaphosa
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