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R 3 099 000
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3 Bedroom Apartment / Flat for Sale in Lenasia Ext 13

Lenasia Ext 13, Johannesburg
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  • Bedrooms 3
  • Bathrooms 2
  • Garages 6
  • Erf Size 740 m²
    • m²: 740 m²
    • Hectares: 0.074 ha
    • Acres: 0.183 acres
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Naseema Ajimudin

Investors Alert !

A lucrative investment property with multiple streams of rental income. Potential benefits:

Diversified Rental Income: With the 3 bedroom main house, flatlets, and a shop, you have multiple sources of rental income. This diversification can help mitigate risks associated with vacancies or market fluctuations in one particular type of property.

Fully Equipped Units: All units are well-equipped with modern amenities such as fully fitted kitchens, granite tops, and laminate flooring. This not only attracts tenants but also potentially allows you to command higher rents.

Individual Utilities: Each unit has its own prepaid electricity meter and water meter, ensuring that tenants are responsible for their own utility usage. This reduces the landlord's burden of utility expenses and encourages responsible usage by tenants. The inclusion of individual washing lines,...

A lucrative investment property with multiple streams of rental income. Potential benefits:

Diversified Rental Income: With the 3 bedroom main house, flatlets, and a shop, you have multiple sources of rental income. This diversification can help mitigate risks associated with vacancies or market fluctuations in one particular type of property.

Fully Equipped Units: All units are well-equipped with modern amenities such as fully fitted kitchens, granite tops, and laminate flooring. This not only attracts tenants but also potentially allows you to command higher rents.

Individual Utilities: Each unit has its own prepaid electricity meter and water meter, ensuring that tenants are responsible for their own utility usage. This reduces the landlord's burden of utility expenses and encourages responsible usage by tenants. The inclusion of individual washing lines, washing troughs, and refuse bins adds convenience for each unit.

Low Maintenance: The property features face brick construction and automated entrance gates, which contribute to easier maintenance and increased security. This can translate to lower ongoing expenses for upkeep and repairs.

Convenient Location: Being situated on a corner ERF and having a shop onsite can attract tenants looking for convenience. The property's location offers easy access to amenities and transportation, making it more appealing to potential tenants.

Stable Income: With an annual income of R384,000, this property has the potential to provide a stable and consistent income stream for the owner. This indicates a promising return on investment, making this property an attractive option for investors looking for steady rental income

Overall, this investment property seems well-equipped to generate steady rental income while requiring relatively low maintenance.

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Bedrooms Bedrooms: 3
Bathrooms Bathrooms: 2
Secure Parking Secure Parking: 4
Parking Parking: 2
Pet Friendly Pet Friendly
Flatlet Flatlet
Listing number: P24-113667982, Image number: 1
Listing number: P24-113667982, Image number: 2
Listing number: P24-113667982, Image number: 3
Listing number: P24-113667982, Image number: 4
Listing number: P24-113667982, Image number: 5
Listing number: P24-113667982, Image number: 6
Listing number: P24-113667982, Image number: 7
Listing number: P24-113667982, Image number: 8
Property Overview
Listing Number
113667982
Type of Property
Apartment / Flat
Description
Double Storey, Single Storey
Listing Date
21 November 2023
Erf Size
740 m²
Rates and Taxes
R 889
Pets Allowed
Yes
Bedrooms
3
Bathrooms
2
Kitchens
1
Parking
2
Secure Parking
4
Roof
Tile
Wall
Face-brick
Window
Aluminium
Security
1
Security
Alarm System, Burglar Bars, Security Gate
Flatlet
Yes
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Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
View Breakdown
What do I qualify for based on my income?
What are the bond and transfer costs?
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
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By continuing I understand and agree with Property24’s
Terms & Conditions and Privacy Policy.

Contact Agents

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

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