This property accommodates 6 tenants all with lease agreements in place. The stand size is 495m2 and is situated in Kensington, Johannesburg close to good schools and shopping centres with in the immediate area. The property has 2 cottages, one has 1 bedroom, with a toilet and shower, the second one has 2 bedroom with lounge, kitchen and bathroom. The main house offers 4 bedrooms, there is a communal kitchen and lounge area. There is a caretaker who looks after the property and the tenants. He stays in the garage that was converted into accommodation, for him.
The net income generated by the 6 tenants is for R17 750, all covered by leases. If you are looking for an investment call today for more information.