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Crosby, Crosby, Johannesburg, Gauteng
R 1 599 999
This well-maintained property in the heart of Crosby is a great investment for anyone looking to earn reliable rental income. It includes four separate cottages, all currently rented out, with a total monthly income of R21,000 and the potential to increase earnings further. When coming across our cottages we are introduced to: The first cottage has two bedrooms, a spacious lounge, a kitchen, and a bathroom. It currently earns a monthly rental income of R6,000. The second cottage also has two bedrooms and a similar layout, but with a smaller lounge. It also brings in R6,000 per month. The third and fourth cottages are one-bedroom units, each with a kitchen and bathroom. Both cottages earn R4,500 per month. Features to look into when considering this investment property. Each cottage has its own geyser and prepaid electricity meter, making utility management...
Estimated monthly repayment
R 15 109
on a R 1 439 999 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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Crosby, Crosby, Johannesburg, Gauteng
Area view — the exact address is shared on enquiry.