4 Bedroom house in Observatory - H3986, 7 Innes Street

R 1,700,000 (neg) R 15,295.34 per month
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Attorney in this Area
Erasmus Motaung Inc

Tip when buying: All banks require 90 day`s written notice for the cancellation of an existing bond. Without it, you can be charged penalty interest, or you may have to wait out the notice period,(which can also delay transfer). To avoid this, you can give notice as soon as you decide to sell - if you don`t sell within 90 days, the notice lapses and has no further effect.
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Property Details

  • 4 bedrooms
  • 1 en suite
  • Staff Quarters
  • 2 carports
  • Built-in Cupboards
  • Patio
  • Kitchen
  • Garden Cottage
  • Rates : R442
  • Intercom
  • 3 bathrooms
  • 2 lounges
  • Study
  • Alarm
  • Access Gate
  • Storage
  • Electric Fencing
  • Pantry
  • Family/TV Room
  • house
  • 1 dining areas
  • Flatlet
  • Walk-in Closet
  • Jacuzzi
  • Laundry
  • Fireplace
  • Guest Toilet
  • Garden

Property Description

This investment property situated in Observatory is available.

This property offers huge returns with its 5 separate rental generating dwellings.

Rental Income: R25 900.00 per month including water and lights


Main House:
• Income: R9300.00 per month
• Tiled
• 2 Receptions
• 5 Bedrooms
• 2.5 Bathrooms of which one is the main en suite
• Melamine kitchen
• Enclosed patio with Jacuzzi and private garden.

Pine Cottage:
• Income: R4000.000 per month
• Tiled
• Open plan reception and kitchen
• 4 bedrooms,
• 2 Bathrooms
• Private garden.

Pool Cottage:
• Income: R3000.00 per month
• Tiled
• Lounge
• 1 bedroom
• 1 Bathroom ensuite
• Kitchen
• Huge private garden

Innes Cottage:
• Income: R2800.00 per month
• Tiled
• Lounge
• Kitchen
• 1 Bedroom
• Full bathroom
• Private court yard

Flower Cottage:
• Income: R3500.00 per month
• Tiled
• Large open plan kitchen & lounge
• 2 Bedrooms
• Full bathroom
• Private garden

Extras include:
• 2 Staff rooms with own kitchenette and bathroom
• Self contained laundry with court yard
• 8 Parking bays for tenants and visitors
• Tool shed

Be sure to come and view this property at your soonest convenience! You will quickly see that the rewards are generous!

This listing has been viewed 1473 times in the last 30 days.

Points of Interest near OBSERVATORY, 7 Innes Street radius


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