R65,000 Monthly income yielding a 9.3% return on investment. In a wonderful suburb with all facilities close at hand.
Property size approximately 3000 square meters with 10 income producing residential, 1, 2 & 3 bedroom units set in lovely established garden setting with pools.
1. Continue running the business, maintaining a monthly income of R65,000, currently with good stable tenants.
2. Consolidate property, rezone for development of medium residential units, in great demand in the area, while maintaining the monthly income of R65,000.
3. Separate the two properties - buy either one or the other as homes, maintaining a monthly income from the units in this most sought after wonderful suburb.
Craighall Park - Suburb that has it all.
3 Strong shopping centres
Very sought after nursery schools
Excellent Primary Schools - private and government.
Colorful splendid nursery
Numerous green areas/parks - the Delta
Kiddies play areas
Top security patrolling
Riding school with stables
Bowling club, tennis club etc.
Very centrally situated with easy access to Hyde Park, Dunkeld, Rosebank, Sandton, Randburg
Strong Residents Association and security.
A very good village feel with residents walking kiddies and dogs.