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R 14 200

Rooms For Rental @0714955946

Property Info

  • Location: 1 Pauline Street, Constantia Kloof, Roodepoort, Gauteng,, Constantia Kloof, Roodepoort, Gauteng
  • Bedroom: 4 Bedrooms
  • Bathroom: 2 Bathrooms
  • Area (sqm): -
  • Ad type: For Rent
  • Property type: Flats
  • Posted By: Owner
  • Post Date: 1+ month ago

Amenities

  • Furnished
  • Dining Area
  • Kitchen
  • Parking
  • Pool

Property Description

This 10 bedroom double storey property is a dream for any investor. It is located in a prime, tranquil area in Pimville, near the University of Johannesburg, Soweto Campus. It was previously used as s

This 10 bedroom double storey property is a dream for any investor. It is located in a prime, tranquil area in Pimville, near the University of Johannesburg, Soweto Campus. It was previously used as student accommodation which had a NSFAS accreditation before covid, and therefore reapplication for it can be done again. Currently it is fully tenanted all 7 outside rooms, with the amount of R14,200.00 monthly rental income, however if the main house is rented, the rental income estimation is R19,400.00

Main house
3 Bedrooms
1 Bathroom
Kitchen
Dining room
Lounge area

Upper level outside rooms
4 rooms
2 showers
2 toilets

Lower level outside rooms
3 rooms
1 bathroom

Electricity on the property is prepaid and a rental roll is available on request. The potential rental income when accreditation is granted from NSFAS is R64,500.00 monthly, in which the gross yield can be over 35%.
This is an opportunity not to miss in these tough economic times. Get in touch with us and let’s make your investment dreams come true.

Amenities
Easy access to main road access
2 km away from University of Johannesburg
2 km away from Maponya Mall
3,5 km away from Baragwanath Hospital
3,5 km away from Lesedi Private HospitalThis 10 bedroom double storey property is a dream for any investor. It is located in a prime, tranquil area in Pimville, near the University of Johannesburg, Soweto Campus. It was previously used as student accommodation which had a NSFAS accreditation before covid, and therefore reapplication for it can be done again. Currently it is fully tenanted all 7 outside rooms, with the amount of R14,200.00 monthly rental income, however if the main house is rented, the rental income estimation is R19,400.00

Main house
3 Bedrooms
1 Bathroom
Kitchen
Dining room
Lounge area

Upper level outside rooms
4 rooms
2 showers
2 toilets

Lower level outside rooms
3 rooms
1 bathroom

Electricity on the property is prepaid and a rental roll is available on request. The potential rental income when accreditation is granted from NSFAS is R64,500.00 monthly, in which the gross yield can be over 35%.
This is an opportunity not to miss in these tough economic times. Get in touch with us and let’s make your investment dreams come true.

Amenities
Easy access to main road access
2 km away from University of Johannesburg
2 km away from Maponya Mall
3,5 km away from Baragwanath Hospital
3,5 km away from Lesedi Private Hospital Read More

Location

1 Pauline Street, Constantia Kloof, Roodepoort, Gauteng,, Constantia Kloof, Roodepoort, Gauteng
Contact Owner
0714*****
ID : 4268276 Report this property

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