Two Properties One Package. |
Investment Opportunity: 2 Tenanted Properties for Sale – R1,500,000 (Combined)
Monthly Gross Rental Income: R20,300
A rare opportunity to purchase two fully tenanted residential properties sold as a package deal for R1,500,000.00.
Locations:
Property 1: 30 Rissik street Theater Gardens
Property 2: 21 Cilliers street Bridgeway court
Both properties are in similar-sized area with comparable market dynamics.
Property Details:
First property offers 5 bedrooms, 2 bathrooms, kitchen, balcony.
second property offers 4 bedrooms, 1 bathrooms, kitchen
Both units are well-maintained and situated in high-demand rental areas
Combined monthly rental income: R20,300.00 (gross)
Reliable, long-term tenants already in place
Ideal for Investors: This is a turnkey investment with immediate income and potential for future capital growth. Both properties are registered separately but are being sold together.
ERF Size 2,402 m² Building Size 111m² Rates R371 per month Sectional Title Levies R2,073
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Lydia Mogoje
c. 0671997345
lydia.mogoje@rawson.co.za
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