Residential Investment Property In Secunda
R2 800 000
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CONTACT US

For more
Information.

Agent: André Van Niekerk
Tell: 082 927 4045
Email: andre@multiproperties.co.za

Drop us a line

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Property
Features

Property ID: 5249534
Area Size: 1648 m2
Bedrooms: 7
Bathrooms: 7
Kitchens: 6
ERF: 2986
Monthly Rates: 1 662
Internet Access: ADSL
Generator: No
Nearby Public Transport: Minibuss Taxi
Wheelchair Accessibility: Yes
Parkings: Carport
Location: Secunda, 2302
Security: Alarm System, Electric Fencing, Perimeter Wall, Security Gate, Totally Fenced

Description

Fully furnished residential property with seven separate apartments for sale bringing in a total monthly rental income of R 52,110 per month. Investors, please take note. A very lucrative 11% net yield is confirmed on a selling price of 2.8 million over a 10-year term. Managed by a local experienced estate agent with all systems automated, this property is a stable, low risk, passive income generator. Please contact me for more information or to arrange a viewing.