RENTAL INCOME CAN SERVICE MOLRTGAGE

This 1 x ha property is located along the scenic Monument Drive in Mnandi agricultural holdings is this magnificient home waiting for a new owner. The house has approved council plans. However, 2 x bedroom flat and the unpainted extensions are not under plan.

The main house has 3 x bedrooms, lounge.dining and dining rooms. The entire house has been partioned to create rental units. The partitioned re-design can be reversed to the house's original status. Each of the partioned units have pre - paid meter installations. The double garage has also been re-purposed to create rental facility. The monthly rental income is approximately R30k.

The property source its energy from 3 phase Eskom supply and water is sourced from the borehole as opposed to council supply.The property is fully walled with two entrances.The one entrance leads to the main house whilst the other is to an area which has been rented to a car workshop. The road is tarred all the way to the property. The lawn around the main house is neatly taken care of whilst the balance of the land is kept as natutal without being cut. The lapa need attention to restore it to its originality.

Monument Drive accesses R114 to either Diepsloot or Eldoraigne. At the intersection where R114 meet with R55 you can either turn left pass Laudium to Pretoria West or right, proceed for approximately 500m where you connect with R14 to either Mogale City or to Mpumalanga including Pretoria and Joburg CBD's.Approximately 3kms you find state of the art Private hospital, Mall@55 and many other amenities. There are a number of schools within a radius of 5kms

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