House in Athlone Park - Rental Income R25 700 -

Description

This well-maintained property is ideally located close to major transport routes and popular shopping malls, making it highly appealing to tenants. Fully tenanted and generating a generous monthly rental income of R25,700, this is an ideal option for investors seeking strong returns. The main house offers 3 spacious bedrooms, currently rented at R10,000 per month. In addition, the property features three separate income-generating units: Unit 1: 1-Bedroom flatlet – R5,700 Unit 2: 1-Bedroom loft – R6,000 Unit 3: 1-Bedroom unit – R4,000 The property is neat and well cared for, contributing to excellent tenant satisfaction and long-term retention. It includes a large swimming pool, is fully fenced for privacy and security, and offers ample on-site parking for all tenants. There is also potential to convert the property into doctors' rooms, offering future flexibility, although it is currently zoned and sold as a residential dwelling.

Features

Satellite Dish

Yes