11 Bedroom House for Sale- Great Investment Opportunity!
(JOINT MANDATE)
Looking for a profitable, low-maintenance investment? This tenanted multi-unit property in Central is a true gem — fully occupied with reliable tenants and excellent returns!
Property Details:
5 Apartments with a total of 11 bedrooms
Monthly Rental Income: R21,950
Monthly Expenses: R6,558.74
Monthly Net Income: R16,228.99
Yearly Net Income: R194,747.93
roi: 10.53%
Each unit has its own water and electricity meter, making management simple and cost-efficient.
The property is fully enclosed with Clear Vu fencing for added security and peace of mind.
Breakdown of Units:
Unit 1: 3 Bedrooms
Unit 1B: 2 Bedrooms
Unit 3: 2 Bedrooms
Unit 5: 3 Bedrooms
Unit 7: 1 Bedroom
Conveniently located in Central, close to shops, transport, and all amenities — ideal for student accommodation or long-term
Disclaimer: Whilst every endeavor has been made to ensure the accuracy herein, no liability will be accepted for any errors or omissions.