This exciting property is situated in a very sort out, quite busy area in Protea Glen Ext 2. This property is in close proximity to filling station, shopping mall andamp; shopping centers, schools andamp; crèches and has easy access to main roads and highways. Situated opposite the SAPS Protea Glen Satellite Station you are guaranteed to have added security and protection in the area.andnbsp;andnbsp;
The Main House has two bedrooms and one comes with built in cabinets, a bathroom with a shower, and a living room area. Do you have a dream kitchen planned out? Well you’re in luck because there is a room for a kitchen; right next to the living room; that you can build from scratch.andnbsp;andnbsp;
There are well planned ten (10) Flat-lets, all offering an open plan living room with kitchenette and a bathroom with a shower.andnbsp;andnbsp;
There is also a tuck “Spaza” shop within the premises so not only is there a business opportunity but you will be earning a return through rental income from the flat-lets, the future resale of the property, or both.andnbsp;
Rental Income that is generated from this property is as follows:andnbsp;
R2700.00 X 8 rooms = R21,600.00andnbsp;
R1500.00 x 2 rooms = R3,000.00
Main House rent is = R6,000.00andnbsp;
Tuck “Spaza” Shop rent is = R3,520.00andnbsp;
Total P/M rental income of R34,120.00andnbsp;
andnbsp;
Investors don’t sleep on this one…. Call me for exclusive viewingandnbsp;andnbsp;
Compare listings
Compare