7 Bedroom House for Sale in Geduld Ext 1

  • R895,000
1st Avenue, Geduld, Springs, South Africa
For Sale Reduced Price
7 Bedroom House for Sale in Geduld Ext 1
1st Avenue, Geduld, Springs, South Africa
  • R895,000
  • Address 1st Avenue, Geduld, Springs, South Africa
  • City Springs
  • Zip/Postal Code 1559

Details

  • Property Size: 150 m²
  • Land Area: 495 m²
  • Bedrooms: 7
  • Bathrooms: 2
  • Property Type: House
  • Property Status: For Sale
  • Rates and Taxes: 1200
  • Additional Parking: 1

Features

Description

Great investment opportunity

Sole mandate

Welcome to this lucrative investment opportunity in the heart of Geduld Ext 1. This property is a prime example of a smart investment, boasting 7 rooms, all of which are currently rented out, generating a steady income with room rates ranging from R2,200 to R2,500 per month. This established source of revenue makes it an ideal choice for investors seeking a reliable income stream. the income from the property is R13 300.

The property features two communal bathrooms, each equipped with showers, toilets, and basins, ensuring convenience and comfort for all tenants. In addition, there’s a communal kitchen in the main house, fostering a sense of community among the residents.

Beyond its practicality, this property stands out with its well-maintained exterior and great street appeal. The property has been meticulously cared for, creating an inviting atmosphere that tenants and visitors alike will appreciate. Its strategic location provides easy access to surrounding amenities, making it an attractive option for potential tenants.

In summary, this Geduld Ext 1 property is not just a real estate investment; it’s a lucrative venture with a proven track record of consistent rental income. Its well-maintained condition, coupled with its ideal location and communal facilities, makes it an excellent choice for investors looking to expand their portfolio. Don’t miss the opportunity to capitalize on this turnkey investment and secure your financial future in the thriving property market of Geduld Ext 1.

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