INVESTOR OPPORTUNITY! Cash positive from day one. 6 bedrooms with 4 bathrooms -fully let!
Lifestyle Property Group proudly presents 23 Second Street Orange Grove for the investor looking to be cash positive from day one!
The main house consists of 4 bedrooms and 2 bathrooms. One of the bedrooms is en suite with its own private bathroom, while the three remaining bedrooms share the second bathroom.
The kitchen is shared by all 4 rooms.
Prepaid water and electricity meters are installed throughout the house.
External to the main house there are 2 garden units, each with 1 bedroom and 1 bathroom.
Centrally located with easy access to public transport, good schools, restaurants and entertainment opportunities.
The property is fully let and managed by All Space at this time. The current monthly income is, not limited to, R18 050.00 per month as rentals are not at a premium at this time.
For a longer term investment plan 23 Second Street is one of two investment properties that can be bought either separately or together. Both properties fall into the "Corridor of Freedom", an area that has been identified for high density development. The two properties on offer at this time are separated by two additional erfs. If the additional two erfs are acquired as part of a long term investment plan there is written COJ approval to build an eight story building, with 200 studio apartments.
Investing in property creates now income and future wealth.
Don't delay in calling me for your private viewing!
Disclaimer: Lifestyle Property Group has tried to ensure that all representations contained in this advertisement are accurate but provides no guarantees whatsoever. The representations herein has not been compiled to meet a Purchaser’s individual requirements and it remains the Purchaser’s sole responsibility to inspect the property duly prior to entering into any purchase agreement. The representations herein does not constitute the terms of sale as the images and descriptions are merely indicative. LPG assumes no responsibility for any errors and we reserve the right to correct/change/update the advert at any time without prior notice.
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Disclaimer: While every effort will be made to ensure that the information contained within the Lifestyle Property Group website is accurate and up to date, Lifestyle Property Group 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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
