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R 1,400,000

R 1,400,000

A high - yield lucrative investment opportunity awaits in the most sought-after area in Cosmo City.
6
Bedrooms
6
Bathrooms
Active
Elton Mumera
Elton Mumera
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Phone: +27845728317 Email: elton.mumera@peaktopeak.co.za
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A high - yield lucrative investment opportunity awaits in the most sought-after area in Cosmo City.

Web Ref. PTPLS-2859
Land size 400 m²
Monthly Bond Repayment
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This well positioned 400 square metres property boasts 6 spaciuos bachelor units configured as multiple rental units, generating a stable R18 000 gross monthly income. Ideal for both seasoned investors and first-time buyers looking to have their bond paid by tenants. This property offers an exceptional return on investmentwith low vacancy rates due to high rental demand in Cosmo City.

all units have their own prepaid meters, thereby reducing the risk of electricity debts. The property is conveniently located close to Cosmo and Northgate mall, shopping centres, South Africa drive and Malibongwe drive, public transportation to Joburg CBD, Randburg, Fourways, Sandton and surrounding areas. 

Don't miss out, properties such as this one do not stay long on the market.

Contact agent for viewing.

 

Features

Property Type Home
Listing Purpose Sale
Municipal Rates R 800
Occupation On Transfer
En-Suites 0
Total Floors 2

Rooms

Bedrooms 6

The bedrooms in units the bachelor units have space for queen size beds.

Bathrooms 6

The bathrooms consist of a shower, a toilet and a basin.

Kitchen 6

The kitchens have kitchenets, a sink, a stove and lots of cupboads.

Lounges 6

Amenities

Parking Spaces 6

Open parking for 6 cars.

Stove/Oven
Hob

Amenities

Family Tv Room Patio Built in Cupboards TV Fibre Burglar Bars Electric Fencing Security Gates Secure Parking

Property Location

Finance

Total Amount Repayable
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Monthly Repayment
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Disclaimer

While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.