8 Bedroom House For Sale in Primrose
R1,700,000
Monthly Bond Repayment R18,129.30
Calculated over 20 years at 11.5% with no deposit.
Web Ref
RL3735044
Monthly Rates
R2,000
PRIME LOCATION IN PRIMROSE, INCOME OPPORTUNIRTY AND EXTENDED FAMILY LIVING OF 8 BEDROOMS
Income-Generating Property in Prime Location
This exceptional income-generating property offers a unique and lucrative investment opportunity in one of the most sought-after locations. Spanning an expansive 1,200 square meters, the property features eight generously sized bedrooms, making it ideal for rental purposes.
Situated in a highly desirable area, this property benefits from excellent visibility and accessibility. It's within close proximity to major shopping centers, restaurants, schools, and public transportation, ensuring a steady stream of potential tenants.
The property’s expansive layout offers flexibility in use, allowing for multiple rental configurations. Each of the eight bedrooms is well-appointed, providing tenants with comfort and privacy.
Currently generating a consistent rental income of R21000 per month, this property promises a solid and reliable return on investment. The demand for rentals in this area is high, with potential for rent increases as the market grows.
Future growth potential with the ongoing development in the surrounding area, property values are expected to rise, offering significant capital appreciation over time. The property also has potential for further development or renovation to increase rental income.
The property has been well-maintained, with recent upgrades ensuring that it remains in excellent condition. This minimizes the need for immediate repairs, allowing you to maximize your investment returns.
Whether you are a seasoned investor looking to expand your portfolio or a newcomer seeking a dependable income-generating asset, this property represents a rare opportunity. Its combination of prime location, substantial size, and strong income potential makes it a standout choice for any investor. Don’t miss the chance to secure this valuable asset in a thriving market.
This exceptional income-generating property offers a unique and lucrative investment opportunity in one of the most sought-after locations. Spanning an expansive 1,200 square meters, the property features eight generously sized bedrooms, making it ideal for rental purposes.
Situated in a highly desirable area, this property benefits from excellent visibility and accessibility. It's within close proximity to major shopping centers, restaurants, schools, and public transportation, ensuring a steady stream of potential tenants.
The property’s expansive layout offers flexibility in use, allowing for multiple rental configurations. Each of the eight bedrooms is well-appointed, providing tenants with comfort and privacy.
Currently generating a consistent rental income of R21000 per month, this property promises a solid and reliable return on investment. The demand for rentals in this area is high, with potential for rent increases as the market grows.
Future growth potential with the ongoing development in the surrounding area, property values are expected to rise, offering significant capital appreciation over time. The property also has potential for further development or renovation to increase rental income.
The property has been well-maintained, with recent upgrades ensuring that it remains in excellent condition. This minimizes the need for immediate repairs, allowing you to maximize your investment returns.
Whether you are a seasoned investor looking to expand your portfolio or a newcomer seeking a dependable income-generating asset, this property represents a rare opportunity. Its combination of prime location, substantial size, and strong income potential makes it a standout choice for any investor. Don’t miss the chance to secure this valuable asset in a thriving market.
Features
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
4
Kitchen
1
Reception Rooms
2
Study
2
Furnished
No
Exterior
Garages
2
Security
Yes
Parkings
8
Flatlet
4
Domestic Accomm.
1
Pool
Yes
Scenery/Views
Yes
Sizes
Land Size
1,200m²
Primrose, Germiston
Primrose is located on the Gauteng East Rand, it is a suburb of Germiston and forms part of the Ekurhuleni Metropolitan Municipality. Primrose is a popular, older residential suburb that offers a wide variety of different homes, including apartments and townhouses, to accommodate buyers and tenants of different ages and income groups. Primrose offers mainly older type homes, of which many have been upgraded....
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