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R1,399,000 | 14 Bedroom House For Sale in Forest Hill

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R1,399,000

Monthly Bond Repayment R13,967.33
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

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Monthly Rates
R742

PRIME MULTI-TENANTED INVESTMENT PROPERTY FOR SALE

Seize this fully occupied investment opportunity in a prime location! Situated on a spacious 495m² stand, this property is designed to maximize rental income with potential for further enhancements or development to boost returns.
Property Highlights

Building 1: Three One Bedrooms units with small Kitchenette and lounge area. Three bachelor rooms with open-plan lounge and bedroom, sharing two bathrooms, ideal for singles or students.
Building 2: Five rooms with open-plan lounge and bedroom, sharing two bathrooms, suitable for professionals or students.
Building 3: Three bachelor units with open-plan lounge and bedroom, perfect for singles or students.

Efficient Design: High tenant capacity without sacrificing functionality, ensuring steady rental demand.
Pre-Paid Utilities: All units equipped with pre-paid electricity meters; water is shared.
Ample Parking: Secure, spacious parking area for tenant convenience.
Prime Location: Centrally located near amenities with easy access to main roads.
Secure Compound: Well-secured property, offering peace of mind for tenants and investors.

Investment Benefits
Lucrative Income: Combined monthly rental income available upon request, ensuring transparency.
Ready-Made Opportunity: Ideal for investors entering or expanding in the rental market.
Growth Potential: Flexible for further developments to increase rental returns.

A full rental roll is available for discussion. Don’t miss this exceptional opportunity to own a high-yield investment property!
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Schedule a viewing today to explore this income-generating gem. Reach out for more details!

Features

14
12
Pets Allowed
Yes
Interior
Bedrooms
14
Bathrooms
12
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
No
Parkings
1
Pool
No
Sizes
Floor Size
167m²
Land Size
495m²
STREET MAP
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-26.2527172, 28.0376373

Forest Hill, Johannesburg

Kensington is the largest suburb in Johannesburg. It stretches from Fairview and Troyeville in the West, to Eastgate and Bedfordview border in the East. It is bounded by Belgravia and Malvern in the South and by Judith's Paarl, Bezuidenhout Valley, Dewetshof and Bruma in the North. Kensington is laid out over the slopes of several koppies. The streets were laid out in 1902, and were heavily planted with trees, which... More Info
Mureeda Le Roux
Mureeda Le Roux
Non-Principal Property Practitioner Show number View my listings
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