Potential Rental Income of R 119 000 pm in Randburg

  • R5,500,000
Randburg, City of Johannesburg Metropolitan Municipality, Gauteng, 2194, South Africa
Potential Rental Income of R 119 000 pm in Randburg
Randburg, City of Johannesburg Metropolitan Municipality, Gauteng, 2194, South Africa
  • R5,500,000

Description

  • Fully-furnished, fully-equipped, fully-tenanted & fully-leased large ultra-secure corner property in Fontainebleau, Randburg – with 7 rooms, open-plan kitchen, lounge & dining room in the main house and 4 semi-furnished cottages on same property. These 11 rooms could be comfortably furnished with 12 double-bunks throughout property to accommodate +-24 students.
  • The entertainment area, surrounded by spacious lawns & gardens, consists of a large swimming pool, braai area, thatched lapas, pool table, darts, soccer table, ping-pong table, Sports TV etc.
  • This property is activated with electric-fencing 24/7 and perfect for student accommodation situated only 11kms from all Universities.
  • The university shuttle bus can be parked in the large parking area.
  • There is a 10-page detailed itemised list of all contents included in this sale.
  • The current tenants will be given a 2-month notice period to find alternative accommodation.

Expenses:

Rates and taxes: R 7000 pm

Potential Rental Income of R 119 000 pm

Details

  • Price: R5,500,000
  • Property Size: 1784
  • Bedrooms: 11
  • Bathrooms: 7
  • Property Type: House
  • Universities: University of Johannesburg
  • NSFAS or Standard Rental Payment: Standard Rental Payment

Overview

  • House
  • Property Type
  • 11
  • Bedrooms
  • 7
  • Bathrooms
  • 1784
  • City Johannesburg
  • State City of Johannesburg Metropolitan Municipality
  • Suburb Randburg
  • Country South Africa

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