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Johannesburg North, Johannesburg North, Randburg, Gauteng
R 2 590 000
**Attention Investors!** Secure a specialized, income-producing asset in prime Johannesburg North. This property is a **single residential house expertly divided into 3 income-generating homes**, optimized for high returns, tenant stability, and low running costs. **The Investment Snapshot:** * **Income Powerhouse:** **ONE HOUSE DIVIDED INTO 3 x 2-Bedroom, 1-Bathroom units**, all fully utilized for rental income. ***Massive Annual Income:** Generates **R26,000 gross monthly income but can be more.{R312,000}per annum). ***Tenant Stability:** All units are currently tenanted, including **long-term tenants who have resided there for more than 10 years.** ***Modern Amenities & Low Overheads:** ***Solar Geysers** and a **Shared 5kVA Solar Power System** significantly cut electricity costs. * Each unit features a modern kitchen with a **4-plate gas stove** and **granite tops**. ***Prepaid Water Meters** for simple utility management and **WiFi** available throughout. ***High Yield Potential:** Priced to deliver a powerful **11,35% Gross Yield}** at the asking price of {R2,590,000}. **Why Buy?** This is a proven, turn-key investment with secured income streams, exceptional tenant stability, and cost-saving, modern infrastructure. **Call now to secure the prospectus and arrange a private viewing!**
Estimated monthly repayment
R 24 458
on a R 2 331 000 bond over 20 years at 11.25%
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Johannesburg North, Johannesburg North, Randburg, Gauteng
Area view — the exact address is shared on enquiry.
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