R560,000

8 bedroom house for sale in Ivory Park

4 Lentswane Street
8 Beds
2 Baths
250m²
Pets Allowed
Reduced
8 Bedroom Investment Opportunity In Ivory Park

Investment Opportunity: 8-Bedroom House Generating Monthly Income

Welcome to a lucrative investment opportunity! This 8-bedroom property is not just a home; it's a smart investment that currently generates 10,000 rand per month by renting out all its rooms. Here are the key details:

Property Overview:

Bedrooms: The house comprises a total of 8 bedrooms, with 3 situated in the main house and an additional 5 rooms strategically added to maximize rental potential.

Income Generation:

Monthly Income: Currently, the property is generating a steady 10,000 rand per month, a testament to its income-generating potential.

Investor Appeal:

Calling All Investors: This property is specifically calling for investors keen on a consistent monthly income stream. With all rooms currently rented out, this is an opportunity not to be missed.

House Configuration:

Main House Bedrooms: 3 bedrooms are part of the main house, offering a comfortable living space.

Additional Rooms: 5 supplementary rooms have been added to the property, providing additional rental opportunities.

Facilities:

Toilets: The property is equipped with 2 toilets to cater to the needs of the occupants.

Advantages:

Income Stability: With a proven track record of generating income, this property offers a stable and reliable return on investment.

Room for Growth: The property's design allows for potential future expansion or enhancement to increase rental yield.

This investment opportunity is not to be overlooked. Whether you're an experienced investor or exploring real estate for the first time, this property promises a sound and profitable venture. Act quickly

Property Type
House
Bedrooms
8
Bathrooms
2
Stand Size
250m²
Living Area
3
Study
2
Covered Parking
2
Rates & Taxes
R600
Pets Allowed
Yes
Covered Parking
Yes
Reference
LH-172332
Address
4 Lentswane Street
Property history
Listed for sale at R625,000
08 Feb 2024
Price reduced by 7.2% to R580,000
18 Jun 2024
Price increased by 3.4% to R600,000
19 Jun 2024
Price reduced by 6.7% to R560,000
12 Aug 2024
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Nowhere is the old adage of “location, location, location” more prominent than it is in Midrand. This once small halfway house has grown into a fully fledged hub of activity.
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