ref # 960

 ref # 960

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R 900 000 (43 583 EUR*)

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9
8
6
± 566 m2
R 400  / m

Property Features
Access Gate
Built In Cupboards
Fence
Garden
Kitchen
Lounge
Nearby Bus Service
Nearby Minibus Taxi Service
Satelite
Security Post

Cash Sale Only Investment Property For Sale in Kwamashu

This property is new on the market.This home is truly a investors dream.The home has nine individual bachelor units and eight bachelor units have a ensuite bathroom .The home still has space to build more units .The home is fully fenced all around.The home has parking space to fit vehicles in the yard space . The house has aluminium windows and doors .There is a main access gate .Each bachelor unit has its own prepaid electricity .The home is well located to public transport .There is shopping stores and malls close by.The home is a perfect investment property which is rare find .

Generating income
Room 1 R1900 per month
Room 2 R1900 per month
Room 3 R1900 per month
Room 4 R1800 per month
Room 5 R1700 per month
Room 6 R1600 per month
Room 7 R2200 per month
Room 8 R2200 per month
Room 9 R1100 per month

Total=R16 300
Yearly =R195 600

Return on investment R900 000 divide by R195 600=4,6

In 4 years and 6 months get your return back.



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