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11 bedroom house for sale in Tembisa Ext 4

R1,950,000
11 Beds
9 Baths
300m²
Excellent Investment Opportunity

Welcome to this excellent opportunity to own a beautiful family house with eight cottages for a great investment. This corner house is ideally located in a busy section of the sought-after investment suburb of Tembisa. The main house is well looked after with modern finishings, including a marble countertop in the kitchen, three bedrooms with the main bedroom en-suite, two bathrooms, a lounge, and a maid room with an outside toilet.

The property features a double-storey facebrick building with six cottages, each equipped with a shower and toilet, as well as a kitchen sink. All six cottages are fully tenanted, providing a monthly investment return of R14,000. Additionally, there is an extra standalone cottage that can easily be rented out for R3,000 per month. If you choose to rent out the main house as well, you could potentially earn an extra R7,000. In total, this property has the potential to yield a return of R25,000.

Don't miss out on this gem of a property! Act quickly and give me a call to schedule a viewing. This investment opportunity won't stay on the market for long.

Property Type
House
Bedrooms
11
Bathrooms
9
Stand Size
300m²
Living Area
1
Covered Parking
4
Rates & Taxes
R3,200
Covered Parking
Yes
Garden
Yes
Reference
2218298
Property history
Listed for sale at R1,950,000
27 Feb 2024
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