R1,999,000 | 10 Bedroom House Sold in Mayville

Discover an extraordinary investment opportunity with this thriving 10-bedroom commune, currently enjoying full occupancy and generating a monthly rental income of R3500 per room. This strategically positioned property comes complete with secure lease agreements, deposits in place, and a multitude of amenities that cater to the comfort and convenience of its occupants.

Key Features:

Steady Rental Income: With all ten rooms rented out at R3500 each per month, this property ensures a consistent and substantial monthly rental income. The established lease agreements and deposited funds provide a secure foundation for your investment.

Individual Room Amenities: Each room in this well-maintained commune is equipped with essential amenities, including a private bathroom, bar fridge, bed, limited bedding, and individual electricity meters. This attention to detail guarantees a comfortable and self-sufficient living experience for each resident.

Communal Areas: The communal area consists of a spacious kitchen and inviting outdoor spaces. These areas encourage social interaction and create a sense of community among the occupants.

Parking Facilities: The property offers ample parking space with nine dedicated parking bays, ensuring convenient and secure parking for all residents.

Borehole and Water Supply: An exceptional bonus to this property is the strong borehole that currently supplies water to the entire house. This invaluable resource not only ensures a reliable water supply but also adds to the property's self-sufficiency.

No Load Shedding Area: The property's location in a no-load-shedding area eliminates concerns about power outages, offering a continuous and uninterrupted supply of electricity.

This property presents a unique and profitable investment opportunity in a prime location. Whether you're an experienced investor or a newcomer to the market, the full occupancy, established rental income, and array of amenities make this a truly compelling venture.

Don't miss the chance to secure a strong and reliable income stream while providing comfortable living spaces for your tenants. Contact us today to explore this exceptional 9-bedroom commune and embark on a lucrative investment journey.