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R 1 995 000

House for Sale in West Park

West Park, Pretoria

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716 m²
- m²: 716 m²
- Hectares: 0.072 ha
- Acres: 0.177 acres

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Prime Investment Opportunity

Looking for a property that offers a great return on investment? Look no further. This versatile investment property is now available, offering multiple income streams from diverse tenants. Here's what you get:

House shop - R7,000 per month

Bar - R6,000 per month

Salon - R5,000 per month

2-Bedroom Rental Unit 1 - R4,000 per month

2-Bedroom Rental Unit 2 - R5,000 per month

Bachelor Flat Rental - R3,000 per month

With a total rental income of R30,000 permonth and prepaid electricity for all tenants, you're looking at minimal landlord involvement. Water, rates, and taxes amount to just R5,000 per month, leaving you with a net rental income of R25,000 per month and mdash;an outstanding return on investment.

Whether you're a seasoned investor or just starting out, this property offers reliable, consistent income and low overhead costs. The tenants...

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Property Overview

Listing Number

115054479

Type of Property

House

Listing Date

10 October 2024

Erf Size

716 m²

Floor Size

350 m²

Rates and Taxes

R 641

Points of Interest

Bond Calculator

*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.