R1,170,000
R1,170,000
8 Bedroom House For Sale in Thistle Grove
8
Bedrooms
4
Bathrooms
2
Parkings
Ref. RLS899387
Land 881.00m²
Floor 409.00 m²
Monthly Repayment
R12,276.29
Michael Du Plessis
Michael Du Plessis Property Practitioner Seeff Secunda PPRA Registered | FFC 2023331463
Monthly Rates R900
Total R900

Spacious Rental Property in Thistle Grove

Web Ref. RLS899387
This rental property in Thistle Grove, Kinross consists of 3 houses on the same stand and all the rooms are currently being rented out.
The 3 houses have 8 rooms generating a combined monthly income of R7 000 in total.
The annual income versus the asking price generates a return of 7% on the capital invested.
The house offers 8 rooms, bathrooms with toilets and showers, a kitchen, and lounges.
It also has undercover secure parking for 2 vehicles.
Additional parking for other vehicles is also available.
The house is in need of some minor maintenance but offers good rental income from the current tenants.

Call me today to arrange a viewing!

Features

Interior
8 Bedrooms
4 Bathrooms
1 Kitchen
1 Lounge
1 Dining Room
Exterior
2 Parkings
Sizes
Land Size 881 m²
Floor Size 409 m²
Additional Amenities
Built in Wardrobes
Burglar Bars
Curtain Rails
Electric Gate
Security Gate
TV Port
Tiled Floors
Totally Walled

Thistle Grove, Secunda

This Mpumalanga town is a prominent industrial and commercial centre. Surrounded by coalfields, Secunda's horizon is framed by massive cooling towers, high chimneys and steel constructions. Although fairly new, it has quickly become a great investment opportunity. Secunda is about an hour and a half away from Johannesburg. The town, however, boasts many city-like amenities and features which make it a desirable location. A brief history of the area When the 1973 oil crisis hit, there was a need to make South Africa less dependent on the importation of crude oil. This gave birth to Secunda. Secunda's name comes from the Latin word 'secundi' meaning second. It was the second Sasol extraction refinery producing oil from coal, after...
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Finance

Total Amount Repayable
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Monthly Repayment
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