8 Bedroom House in Escombe

UNIQUE RETURN ON INVESTMENT:

With a gross income of R23 500 per month and a net of R18 000plus per month this must be the ideal investment you will secure this year. A unique property located in the heart of Escombe, Queensburgh with a 3-bed main house and 4 other rental income generation units on one property. Within 5 minutes to Malvern Park and other amenities.

Main building: Income R8500pm pre-paid electricity and water

Spacious home with 3 large size bedrooms includes a laundry room, storeroom, main ensuite with large bathroom, dining room, lounge with laminate floors and so much more. A double storey main house with access to a large garden with pool and outdoor entertainment area.

Bachelor pad attached to main house: Income R2500pm pre-paid electricity and water

Attached to the main house with 1 bed, toilet bathroom and kitchenette

Outer building 1: R4000pm pre-paid electricity and water

1 bed with bic, toilet bathroom, a/c lounge, fully fitted kitchen with bic, large closed off veranda area

Outer building 2: R3500pm pre-paid electricity and water

Located next door to ob 1 with a garden area, lounge, 1 bed , kitchen and bathroom

Out building 3: R5000pm pre-paid electricity and water

Newly built 2 bed, large lounge, kitchen, and bathroom just being finished

Borehole on the property not in use currently but easily connected with a motor and necessary equipment. Each unit have private pre-paid meters for both water and electricity and the income from the sale of pre paid tokens adequately covers the utility bill excluding the rates.

Should you invest your 2.5m in another conservative investment with our commercial banks it will bring you a ROI of approximately R15 000 max per month. The purchase of this investment opportunity exceeds any other investment, and the property has loads of potential for further development for additional income.

You could also choose to live in the adequately laid out main house and the income generation will cover more than 80% of your home loan finance.

Call me to discuss the options available to you for this gem of an investment