Attention Investors! Secure a specialized, income-producing asset in prime Johannesburg North. This property is a single residential house expertly divided into 3 income-generating homes, optimized for high returns, tenant stability, and low running costs.
The Investment Snapshot:
* Income Powerhouse: ONE HOUSE DIVIDED INTO 3 x 2-Bedroom, 1-Bathroom units, all fully utilized for rental income.
*Massive Annual Income: Generates **R26,000 gross monthly income but can be more.{R312,000}per annum).
*Tenant Stability: All units are currently tenanted, including long-term tenants who have resided there for more than 10 years.
*Modern Amenities & Low Overheads:
*Solar Geysers and a Shared 5kVA Solar Power System significantly cut electricity costs.
* Each unit features a modern kitchen with a 4-plate gas stove and granite tops.
*Prepaid Water Meters for simple utility management and WiFi available throughout.
*High Yield Potential: Priced to deliver a powerful 11,35% Gross Yield} at the asking price of {R2,750,000}.
Why Buy? This is a proven, turn-key investment with secured income streams, exceptional tenant stability, and cost-saving, modern infrastructure.
Call now to secure the prospectus and arrange a private viewing!