R 1 450 000

4 Bedroom House for Sale in Protea Glen

Soweto, Protea Glen

4 Bedroom House for Sale in Protea Glen

Soweto, Protea Glen

Erf Size: 300 m²

Investment property for sale in protea glen

Looking for an investment property with multiple rental income streams? This property in Protea Glen offers three separate units, making it an attractive opportunity for investors looking to generate monthly rental income. UNIT 1 – MAIN HOUSE ; 2 Bedrooms Bathroom and separate toilet Kitchen and lounge Rental income: R4,500 per month UNIT 2 – ONE-BEDROOM UNIT ; 1 Bedroom Toilet and shower Open-plan kitchen and lounge Rental income: R3,500 per month UNIT 3 – ONE-BEDROOM UNIT ; 1 Bedroom Toilet and shower Open-plan kitchen and lounge Rental income: R3,200 per month TOTAL RENTAL INCOME: R11,200 PER MONTH ANNUAL RENTAL INCOME: R134,400 ADDITIONAL FEATURES ; Solar panels for electricity JoJo tank for water storage Electric fencing Three separate rental units on a 300 m² stand INVESTMENT HIGHLIGHTS ; At the asking price of R1,450,000, the property generates a gross rental yield of approximately 9.27% per year, before expenses. This is an opportunity to own an income-generating property while benefiting from three rental streams. Contact me today for more information or to arrange a viewing! Asking Price: R1,450,000