R2 900 000
Monthly Bond Payment: R
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MAIN HOUSE PLUS 5 COTTAGES - EXCELLENT RENTAL INCOME POTENTIAL
2 Bedroom House For Sale in Ferndale
MAIN HOUSE PLUS 5 COTTAGES - EXCELLENT RENTAL INCOME POTENTIAL
Monthly Bond Payment: R
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The main house comprises of 2 bedrooms, bathroom, lounge, kitchen and dining room. Double garage plus 5 cottages. Stand size +-2000 sqm. Rental returns could be +- R34 000 per month. Cottage one has a rental income potential of R6 500, cottage 2 approximately R5 500 per month, cottage 3 approximately R5 500 per month and cottage 4 is a room for machines or you can place a tenant - It is currently not occupied. Cottage 5is a studio and income approximately R8 500 per month. Double garage is currently not occupied and you can convert it to add additional tenants. 3 Of the current tenants would like to continue to stay. Rates approximately R2000 per month.
Bond Payments | R |
Mun. Rates & Taxes | ZAR 2,000 |
Web Ref | RXDR-25137 |
Property Type | House |
Erf Size | 2000m2 |
Bedrooms | 2 |
Bathrooms | 1 |
Garage | 2 |
Maggie Kondowe
Sales Associate
RE/MAX Superior (Mulbarton)
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Monthly Bond Payment: R