- 4
- 2
- 702 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1100.00
Property description
Nestled in the heart of Norkem Park along Storms Street, this property is an investor’s dream. The main house features four spacious rooms, a shared bathroom, and a common kitchen, providing ample space for comfortable living. The layout is designed to maximize functionality and convenience, making it an ideal choice for families or shared living arrangements.
In addition to the main house, the property boasts three single rooms, a one-bedroom flatlet, and two two-bedroom flats, each with en-suite bathrooms. The outdoor area is well-equipped with two additional shower and toilet facilities, ensuring that all residents have access to necessary amenities. The property also includes four carports, offering secure parking for multiple vehicles.
Each room is fitted with a prepaid electricity meter, providing tenants with control over their utility usage. With a total rental income of R20,000 per month, this property presents a lucrative investment opportunity. Priced at R1,150,000, it offers excellent value for money in a sought-after location. Don’t miss out on this chance to secure a high-yield investment in Norkem Park.
Property Details
- 4 Bedrooms
- 2 Bathrooms
- 1 Ensuite
- 1 Lounges
- 1 Dining Area
Property Features
- Paving
| Bedrooms | 4 |
| Bathrooms | 2 |
| Erf Size | 702 m2 |
