Property description

*SOLE AND EXCLUSIVE MANDATE*

INVESTMENT OPPORTUNITY | FULLY TENANTED HOUSE TO SHARE IN SILVERTON

An excellent investment opportunity offering an established rental income in the sought-after area of Silverton.

This income-generating property comprises a main house with three rooms, a communal main kitchen, one bathroom and two additional showers. Each room is fitted with its own prepaid electricity meter, allowing tenants to manage and pay for their own electricity consumption.

The property also features five additional outside rooms, providing further rental accommodation. Two of these rooms share a bathroom, while the remaining three rooms each offer a private kitchenette and a full bathroom fitted with a shower, providing added convenience and privacy for tenants.

Investment Highlights:

* 8 rooms in total

* All rooms currently tenanted

* Long-term lease agreements in place

* Current rental income of R28,000 per month

* Individual prepaid electricity meters for each room

* A combination of shared and private bathroom facilities

* Three outside rooms with their own kitchenettes and full bathrooms

The property is conveniently situated close to shopping centres, filling stations and major highway routes, making it easily accessible and practical for tenants.

With all rooms currently occupied and long-term leases in place, this property presents an attractive opportunity for investors looking to acquire an established rental property with an existing income stream.

Secure your next investment in Silverton. Contact me today to arrange a private viewing!