20 Bedroom House For Sale in Reitz

Property Composition:

8 Townhouses
4 One-Bedroom Units
4 Two-Bedroom Units
First House:
Situated opposite the main gate.
Spacious 3-bedroom house.
Includes 1 one-bedroom flatlet.
Features 4 garages.
Second House:
4-bedroom house.
Rental Income:

Steady Combined Rental Income: The properties generate a steady combined rental income of R45,000 per month.
Low Expenses:

Low Operational Expenses: The expenses associated with the properties are low, contributing to a favorable return on investment.
Minimal Rates and Taxes: The rates and taxes are at a minimum, optimizing the financial performance of the investment.
Location Advantage:

Strategic Location: The properties are strategically located close to the new college under construction, enhancing their appeal for student accommodation.
Ideal Investment: Given the proximity to the college, the properties are well-positioned for investment or as part of a retirement plan.
Ideal Usage:

Student Accommodation: Ideal for investors seeking to capitalize on the demand for student accommodation, especially with the new college nearby.
Retirement Plan: The properties offer a sound investment for those considering a retirement plan with steady rental income.
Additional Information:

The diverse property types, including townhouses and various unit configurations, cater to a range of accommodation needs.
The presence of a steady combined rental income, low operational expenses, and a strategic location contribute to the investment's attractiveness.
In summary, this consortium of properties is a compelling investment opportunity for those looking to enter the student accommodation market. With a diverse range of properties, steady rental income, and a strategic location, these properties offer a promising venture for investors or as part of a retirement plan. Contact us to explore the potential of this well-positioned investment portfolio.