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24 Carter Road, Forest Hill, Johannesburg, Gauteng
R 3 999 000
Strong Rental Demand: An Exceptional Investment Opportunity Discover a prime investment opportunity in the thriving suburban area of Forest Hill, Johannesburg. This well-positioned property features 12 meticulously designed bachelor flats, offering a consistent and attractive rental income stream. Each unit is thoughtfully configured for comfortable, low-maintenance living, making them highly appealing to a diverse tenant base including students, young professionals, and individuals seeking convenient accommodation. Every bachelor flat boasts a functional open-plan layout, seamlessly integrating a living area with a dedicated sleeping space. Complementing this design, each unit includes kitchenette and a private bathroom, ensuring self-sufficiency and comfort for residents. A significant advantage for tenants is the provision of covered parking for each unit, adding to the property's desirability and convenience. Strategically located, the property benefits from its proximity to major transport routes, public transport links, reputable educational institutions, and a wide array of essential amenities. This advantageous position is a key factor in ensuring high occupancy rates and excellent returns on investment. With an erf size of 495.00 sqm, this residential sale offers a robust foundation for a lucrative portfolio addition. Key Features 12 Bachelor Flats Consistent Rental Income Low-Maintenance Living Open-Plan Layouts Individual Kitchenettes andamp; Bathrooms Covered Parking for Each Unit Prime Suburban Location in Forest Hill Proximity to Major Routes andamp; Amenities GRANITE PARK INVESTMENTS 73 CC trading as RE/MAX All Stars (Kibler Park) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 37 764
on a R 3 599 100 bond over 20 years at 11.25%
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24 Carter Road, Forest Hill, Johannesburg, Gauteng
Listed by
Busisiwe Botha
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