R4,000,000

12 bedroom house for sale in Kelvin

Multi-Tenant Income Generating Investment Deluxe

With multi tenant investing being the best way to generate positive returns on investment from inception, and create a passive income, it is not too often you see these types of opportunities come onto the market.

This fully tenanted property features a 4 bedroom main house with 2 lounges, kitchen and glass patio entertainment area as well as a pool. This ensures ultimate liveability in the investment, or an additional stream of income outside of all of the 7 apartments and cottage that are still on the premises. The astounding thing is that the apartments already generate an income of above R45'000 per month in total, not withstanding the fact that the house can bring additional income north of R13'000 per month.

The apartment block at the entrance of the property hosts 3 2 bedroom units with 1.5 bathrooms in them, and the final unit in the block being a 3 bedroom unit. 2 bachelor cottages are placed behind the house, next to a separate full suite 1/2 bedroom cottage depending on how you set them up. The property has a small house on the back end of the plot which is also tenanted and receiving rental income.

For a financially savvy property investment to boost your portfolio's returns, click to enquire so that we can show you how.

Property Type
House
Bedrooms
12
Bathrooms
10
Stand Size
2,452m²
Building Size
Living Area
8
Study
1
Parking
8
Pool
Yes
Flatlet
Yes
Staff Rooms
Yes
Fibretohome
Yes
Covered Parking
Yes
Garden
Yes
Pets Allowed
Yes
Address
180 Northway Rd
Like this House? Based on the bond repayments Get pre-qualified
Get to know Sandton
Considered as the heart of Johannesburg, Sandton is one of the most important financial and business hubs in South Africa. It attracts many industry business powerhouses to its centre and along with it comes those seeking to make a name for themselves here.
Contact Agent
or
Save
Email me similiar properties View similiar properties near this one
house listed on 13 Apr 2021