This rental property in Thistle Grove, Kinross consists of 3 houses on the same stand and all the rooms are currently being rented out. The 3 houses have 8 rooms generating a combined monthly income of R7000 in total. The annual income versus the asking price generates a return of 7% on the capital invested. The house offers 8 rooms, bathrooms with toilets and showers, a kitchen, and lounges. It also has undercover secure parking for 2 vehicles. Additional parking for other vehicles is also available. The house is in need of some minor maintenance but offers good rental income from the current tenants. Call me today to arrange a viewing!
Features
8
4
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
4
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
2
Sizes
Floor Size
409m²
Land Size
881m²
Extras
Built in Wardrobes • Burglar Bars • Curtain Rails • Electric Gate • Security Gate • TV Port • Tiled Floors • Totally Walled
This Mpumalanga town is a prominent industrial and commercial centre. Surrounded by coalfields, Secunda's horizon is framed by massive cooling towers, high chimneys and steel constructions. Although fairly new, it has quickly become a great investment opportunity. Secunda is about an hour and a half away from Johannesburg. The town, however, boasts many city-like amenities and features which make it a desirable...
More Info
Sign-up and receive Property Email Alerts of Houses for sale in Thistle Grove, Secunda.
Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.