Income-Generating 4-House Property with Cluster Development Potential
Earn from day one and build for the future. This Mountain View property has four existing houses, domestic accommodation and a pool, on a stand positioned and zoned for cluster development. Hold it for rental income, or develop it for higher returns.
Current rental income: R55,000 per month (R660,000 per year, gross)
4 houses already on the property
Domestic accommodation
Swimming pool
Several income streams on one title, which spreads vacancy risk
Location:
Mountain View is an established suburb, dating from 1902 and named for its view of the northern Magaliesberg.
Louis Botha Avenue, a landmark route connecting many suburbs, leads to Mountain View.
Schools in reach include Sacred Heart College, Athlone Girls High, Linksfield Primary and King Edward VII Boys High.
Current rental income: R55,000 per month (R660,000 per year, gross)
4 houses already on the property
Domestic accommodation
Swimming pool
Several income streams on one title, which spreads vacancy risk
Location:
Mountain View is an established suburb, dating from 1902 and named for its view of the northern Magaliesberg.
Louis Botha Avenue, a landmark route connecting many suburbs, leads to Mountain View.
Schools in reach include Sacred Heart College, Athlone Girls High, Linksfield Primary and King Edward VII Boys High.
Monthly Rates
R3,648
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
Mountain View, Johannesburg
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Just Property website is accurate and up to date, Just Property makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.