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Homelake, Homelake, Randfontein, Gauteng
R 1 050 000
Another motivated sellers instructed Active agency in the west rand to introduce their most valuable asset on market. The property is currently generating rental income of R20 500 per month. (Rent hasn't been increased since pre - covid) which means the new landlord can increase the rent immediately after occupation. For peace of mind all rooms have Citiq smart metres to monitor your own electricity. The rooms are 15 in numbers, fully occupied and the is still space in the yard for more project. For more information or potential cash buyers can contact us.
Estimated monthly repayment
R 9 915
on a R 945 000 bond over 20 years at 11.25%
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Homelake, Homelake, Randfontein, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Daniel Abrahams
Property Active West
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