This investment property in Cosmo City is every investor's dream!
It has an 801 square meter yard area. It boasts eight cottages and a three-bedroom main house. Five of the cottages are self-contained. There is so much more space to cater for further development. The property yields an immediate income of R23000.00 per month in rentals.
The main house has a fitted kitchen which has floor tiles and a single sink. The main bedroom, which is double size, has floor tiles and built-in wardrobes. The second bedroom of equal size also has the same features. The third bedroom is also tiled and double size. There is a large lounge which is tiled. The bathroom has wall-to-wall tiling, a bath, a toilet and a basin.
The large self-contained cottages can easily accommodate a queen bed and a couch. There is a single kitchen sink with some cupboard space. A separate bath with a toilet, shower and basin completes the unit.
The other three cottages, which are also large enough to accommodate a queen-size bed and some bedroom furniture, share a bathroom. The kitchen corner has a single sink and also has some cupboard space. The bathroom has wall-to-wall tiling, a bath, a toilet and a basin. The cottages have individual electricity meters for convenience.
This property which is securely walled and gated has parking space for up to 6 vehicles. The property is located close to schools, shopping centres, including Cosmo Mall, and transport facilities.
If you are a serious investor looking to gain immediate income, call me without delay, and be the first to view this property which presents such a wonderful opportunity. Viewing is available to pre-qualified buyers only.
History
Roodepoort, meaning red valley, was established in 1886 as one of four Witwatersrand goldfields. With 98% of South Africa's gold production coming from this area, Roodepoort homeowners can literally say, their town is built on gold.
Following the discovery of massive amounts of gold on the Witwatersrand and the need for a major town west of the reef, Krugersdorp was founded in 1887.
In 1961 South...
More Info
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
