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R1,400,000
222 Townsview, Townsview, Johannesburg
Monthly Bond Repayment R13,977.31
Calculated over 20 years at 10.5% with no deposit.
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Monthly Rates
R741
R741
Spacious 993m² investment property
Exceptional Investment Opportunity in the Heart of Townsview!
Situated on a generous 993m² stand, this income-generating property offers an outstanding opportunity for investors seeking strong rental returns and future development potential.
The property comprises 20 rental rooms, including a main building that has been converted into 6 one-bedroom cottages, creating multiple income streams. Currently generating an impressive rental income of up to R35,000 per month, this property presents excellent cash-flow potential.
With ample space on the property and a prime location close to shopping centres, schools, public transport routes, and other essential amenities, there is significant scope to further increase rental income or redevelop to maximize returns.
Whether you're an experienced investor looking to expand your portfolio or a buyer seeking a high-yield investment, this property offers exceptional value and endless possibilities.
Don't miss out on this rare investment opportunity – contact us today to arrange a viewing!
Disclaimer: Umoya real estate has tried to ensure that all representations contained in this advertisement are accurate but provides no guarantees
whatsoever. The representations herein has not been compiled to meet a Purchaser’s individual requirements and it remains the Purchaser’s sole responsibility to inspect the property duly prior to entering into any purchase agreement. The representations herein does not constitute the terms of sale as the images and descriptions are merely indicative. Umoya Real Estate assumes no responsibility for any errors and we reserve the right to correct/change/update the advert at any time without prior notice.
Situated on a generous 993m² stand, this income-generating property offers an outstanding opportunity for investors seeking strong rental returns and future development potential.
The property comprises 20 rental rooms, including a main building that has been converted into 6 one-bedroom cottages, creating multiple income streams. Currently generating an impressive rental income of up to R35,000 per month, this property presents excellent cash-flow potential.
With ample space on the property and a prime location close to shopping centres, schools, public transport routes, and other essential amenities, there is significant scope to further increase rental income or redevelop to maximize returns.
Whether you're an experienced investor looking to expand your portfolio or a buyer seeking a high-yield investment, this property offers exceptional value and endless possibilities.
Don't miss out on this rare investment opportunity – contact us today to arrange a viewing!
Disclaimer: Umoya real estate has tried to ensure that all representations contained in this advertisement are accurate but provides no guarantees
whatsoever. The representations herein has not been compiled to meet a Purchaser’s individual requirements and it remains the Purchaser’s sole responsibility to inspect the property duly prior to entering into any purchase agreement. The representations herein does not constitute the terms of sale as the images and descriptions are merely indicative. Umoya Real Estate assumes no responsibility for any errors and we reserve the right to correct/change/update the advert at any time without prior notice.
Features
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
6
Kitchen
6
Reception Rooms
6
Furnished
No
Exterior
Security
No
Parkings
8
Flatlet
8
Pool
No
Sizes
Floor Size
993m²
Land Size
993m²
Extras
24 Hour Access; 24 Hour Response
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