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11 Bedroom House For Sale in Malvern

R1,200,000


Monthly Bond Repayment R12,182.75
Calculated over 20 years at 10.75% with no deposit.

Web Ref No LFJN-10944
MONEY TREE FOR SALE - R15 000-PLUS IN YOUR POCKET EVERY MONTH

It's simple arithmetic - 2 semis. One has 3 rental rooms; one has 4. (7 rental rooms so far.) Now, each unit has 2 rental rooms out back. Add them up and your total is now 11 rental rooms. Each one collects R1 800 p.m. R19 800 gross income. Less say R4 000 for utilities and you collect R15 000- R16 000 per month. Clean income. If you're thinking about the price, let's put it this way. The seller wants to sell, you want to make money, we're here to make everyone happy. Plant the tree, water it monthly, put R180 000 per annum into your pocket

Features

Bedrooms 11
Bathrooms 2.5
Flatlet 1
Recep. Rooms 1
Land Size 495m²
Monthly Rates R800.00

Agent Contact Details

Stanley Luntz
Johannesburg North East

Cell 060 554 8366
Office 011 284 5500
WhatsApp Me
Odete Dias
Johannesburg North East

Cell 082 966 7544
Office 011 284 5500
WhatsApp Me

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