4 Bedroom Cluster in Emfuleni Golf Estate

Residential-Rental Townhouse Estate FOR SALE

This one is for the Investor that understands ROI... or as us simple folk like to call it - Return On Investment

Simply put, the whole property spreads over 2.25Ha and has a main house featuring 4 bedrooms, 3 bathrooms, double garage and a private stand with private entrance which makes up over 1,2 Ha.

Situated on this portion is a thatched entertainment area, that can accommodate fairly large gatherings and caters for these functions with an on-site kitchen, braai and ablution facilities. This facility is open to all the tenants in the estate.

The other portion measures just over 1Ha and has 8 x 215m - 3 bedroom, 2 bathroom, double garage townhouses. Each with walled perimeters and a land area of 440m of private garden.

2 additional but incomplete units of 150m will offer 2 bedrooms, 1 bathroom and a double garage.

This section of the property has it''s own main entrance and is separated from the larger section.

The whole property benefits from a self sustained Sewage Treatment Plant and it''s grey water is used for irrigation of the whole property''s gardens.

Every house has a municipal water connection and an electricity pre-paid meter installed.

This property''s business model, currently revolves purely around rental income of each individual property and current rental income represents as follows:

Main property - R13,000.00 pm excluding water and electricity

3 bedroom Townhouses - R9,500.00 pm excluding water and electricity

Current occupation rate is 100% with yearly contracts renewable yearly (exclusions are made for the incomplete units) E&OE

Total monthly rental income generated - R79,500.00 pm

Located very close to town, this property offers accessibility while providing secure tranquility in a safe and peaceful environment. So if you''re in the market for a piece of retirement-investment pie, then this could be the one.

Additional info is just a phone call away...

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