This is a great opportunity to own an investment property (Zoned Residential) with great returns two doors away from the Melville restaurant strip on 7th Street! The property consists of two semi-detached houses, three cottages and a small shop on 3rd Avenue with a total rental income of R 40 000 per month. Expected to increase to R 50 000 from January 2021. All units are equipped with separate pre-paid electricity meters and water meters. The configuration of the property is as follows:
Two bedrooms and one bathroom, lounge with fireplace, eat-in kitchen, dining room and outside entertainment area.
Two bedrooms, one bathroom, large tiled kitchen, lounge with fireplace, dining room and outside wooden deck for entertainment.
1 bedroom, lounge, kitchenette and bathroom.
Bedroom, bathroom kitchenette and bathroom with shower.
Bedroom, bathroom and kitchenette.
Find even more on Junk Mail by browsing through the similar ads below.