10 Bedroom House in Orkney

R 2 160 000

Pierre Ludick

RealNet-Klerksdorp

10 Bedroom House in Orkney

R 2 160 000

Can I afford this?
10 Beds
6 Baths
3 Garages
Land Area 2502 m²
Rates R 3000

Rental property with five residential units, fully let. Very popular under tenants, some tenants have been renting for years.

A vacant stand at the back allows the possibility of adding more units, expanding the current income potential.

Currently the property consist out of the following

1.Main house has been split in two separate units (could be used as a single residence). Main part with two bedrooms & double garage @ R5500 per month.

2.Two bedroom flat (side part of main home) with carports @ R2800 per month.

3.Free standing, three bedroom, face brick townhouse with single garage and carport @ R4500 per month.

4.Flats One bedroom, face brick unit with carport @ R2000 per month.

5.Two bedroom flat, face brick unit with carport @ R2800 per month.

Property is ideally located on main road, allowing the possibility of additional purposes, for example a guest house or small lodge.

Each unit is equipped with its own pre-paid meter, water meter, geyser and alarm system. A CCTV system is also installed across the property.

Current monthly expenses is about R3000.

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Key Property Features

10
Bedrooms
6
Bathrooms
5
Covered Parkings
3
Garages
11
Lounges

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10 Bedroom House in Orkney

R 2 160 000

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