10 Bedroom House in Glen Marais

R 2 550 000

Jaco Davel

RE/MAX-Dazzle Kempton Park

10 Bedroom House in Glen Marais

R 2 550 000

10 Beds
10 Baths
Land Area 1489 m²
Rates R 809

INVESTORS DREAM

THIS PROPERTY IS CLOSE TO ALL AIRPORTS AND HIGHWAYS

PROPERTY IS CONVERTED INTO A HOUSE WITH 10 ACCOMMODATION UNITS ALL WITH OWN BATHROOMKITCHENETTE AND OPEN PLAN BEDROOM WITH OUTSIDE PREPAID METER.THE PROPERTY IS ZONED AS RESIDENTIAL AND NOT COMMERCIALALL THE ROOMS ARE FULLY LET AND U CAN CREATE AN INCOME OF R 3 500 PER ROOM THAT GIVES U A RETURN ON YOUR INVESTED CAPITAL 33%PER ANNUM

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Key Property Features

10
Bedrooms
10
Bathrooms
10
Covered Parkings
Access Gate
Electric Fencing
Fenced
Garden

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Monthly Repayment

Loan Value (Capital) R 0
Total Interest R 0
Total Repayment R 0
Interest at 10.5% for 20 years
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* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.

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Johan Jacobs & Malcolm Moodie Attorneys

Experience Kempton Park

Convenience is key for those who choose to live in Kempton Park. The close proximity to O.R Tambo International Airport and the many business parks mean that residents spend less time fighting traffic and more time doing what they love. The lifestyle in the area is fast-paced and there is lots to do for all age groups.

Boys playing rugby at a school in Kempton Park
Find out more about Kempton Park

10 Bedroom House in Glen Marais

R 2 550 000

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