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65nkmm Church Street, Turffontein, Johannesburg, Gauteng
R 1 750 000
CALLING ALL SERIOUS INVESTORS FOR A ONCE IN A LIFETIME INVESTMENT OPPORTUNITY | EARN A RETURN ON INVESTMENT OF R26000 THROUGH THIS ELEVEN BEDROOM INVESTMENT PROPERTY OF R1900000 Why to Buy? * Seven studio cottages with own kitchenette, bathroom and built-in wardrobes * One Two-bedroom cottage with its own open plan kitchen, lounge, and built-in wardrobes * Two rooms with built-in wardrobes, a small kitchenette and a communal rooms * One small room with a communal bathroom(caretaker * Prepaid water and electricity meters * Geysers for each room except for the caretaker * Parking space for more than eight cars * Fully walled and paved * Safe, quiet and well secured with functioning remote gate * Total rental income is R 27 400.00 This investment opportunity consists of seven studio cottages with own kitchenette, built in cupboards, built in wardrobes, bathroom, each unit is rented between R2300 to R2500, There is also one two-bedroom cottage with, two separate bedrooms with built-in wardrobes own open plan kitchen, lounge, built in cupboards, bathroom rented out at R4300 and lastly there 3 rooms with communal each room is rented out at R1800 except the caretaker room. parking can accommodate +- eight cars, Prepaid water and electricity for each room, fully walled and paved, secured and well functioning remote gate for your extra security. The total rental income is R 27 400.00 This investment property is located within the city of Johannesburg corridor of freedom with future massive developments expected on this corridor of freedom, is within the public transport, easily connecting to highways and freeways, close to Spark private school, Curro private school, good public schools, hospitals, clinics, The Glen shopping centre, Mall of the south, Southgate shopping centre, Booysens police station and booysens court. Please don't miss out on this incredible investment opportunity and call me today. E andamp; OE EPILITE 98 CC trading as RE/MAX Finest (Alberton) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 16 526
on a R 1 575 000 bond over 20 years at 11.25%
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65nkmm Church Street, Turffontein, Johannesburg, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Marie Hadebe
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