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Verulam Central, Verulam Central, Verulam, KwaZulu-Natal
R 2 865 000
Investors Dream Income Generator Home fully tenanted! Earn from the word go! The Property is situated in Parkgate in Verulam with 12 bedrooms and 12 Bathrooms - 6 units of 2 bedrooms each in total with all units currently rented out individually.It has a 697sqm of land with a bonus of a fully tenanted house and outbuilding that can make you earn income right from the start.Units are prepaid electricity and water metered through the municipality.The potential buyer can take over the existing tenants and is currently earning R30600.00pm rental income. The property is in a good condition and is sold as with ample parking space for each tenant and visitors parking.Property description as follows:Unit 1 Two bedrooms units each and a separate lounge kitchen bathroomUnit 2 - Two bedrooms units each and a separate lounge kitchen bathroomUnit 3 - Two bedrooms units each and a separate lounge kitchen bathroomUnit 4 - Two bedrooms units each and a separate lounge kitchen bathroomUnit 5 - Two bedrooms units each and a separate lounge kitchen bathroomUnit 6 - Two bedrooms units each and a separate lounge kitchen bathroomSituated in a quite suburb of Parkgate with direct access to the main roads, schools and shopping MallsDont miss this opportunity of this earning potential pay off your bond and still have extra savings in your pocket. Ingwe Property Group We make a difference! Show more Show less
Estimated monthly repayment
R 27 055
on a R 2 578 500 bond over 20 years at 11.25%
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Verulam Central, Verulam Central, Verulam, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
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