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Lorentzville, Lorentzville, Johannesburg, Gauteng
R 1 600 000
An excellent investment opportunity in the secure suburb of Lorentzville. This spacious property offers multiple income-generating units with plenty of space for future expansion. The main house comprises 4-spacious bedrooms, 2-bathrooms, 2-toilets, a kitchen, a carport, and a swimming pool. The property also includes a 2-bedroom cottage with a lounge, kitchenette, and a bathroom fitted with a bathtub and toilet. In addition, there are 4 rental rooms, each with its own private shower and toilet, providing an excellent opportunity for additional rental income. The property is fully walled and gated, situated in a secure boomed-off area, and features a large yard with ample parking space and potential for further development. Current rental income is R11 300 per month. Selling Price: R1 600 000 Contact us today to arrange a private viewing.
Estimated monthly repayment
R 15 109
on a R 1 440 000 bond over 20 years at 11.25%
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Lorentzville, Lorentzville, Johannesburg, Gauteng
Listed by
Hendrik Brown
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