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La Rochelle, La Rochelle, Johannesburg, Gauteng
R 900 000
This well-positioned free-standing property in the sought-after area of La Rochelle offers an excellent investment opportunity with strong rental returns. The property features 6 bedrooms and 2 bathrooms, with multiple lounges and 2 kitchens, allowing for flexible multi-let living. In addition, there are 2 separate cottages, further increasing the rental potential. Both garages have been converted into bedrooms and, like the rest of the property, are currently fully rented out. All living spaces are income-producing, making this a turnkey investment. The seller is currently collecting approximately R16,000 per month in rental income. Ideal for investors looking for steady cash flow, or buyers seeking a property with multiple rental options in a well-located suburb.
Estimated monthly repayment
R 8 499
on a R 810 000 bond over 20 years at 11.25%
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La Rochelle, La Rochelle, Johannesburg, Gauteng
Listed by
Christiaan Khoza
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