R 3 800 000 - House For Sale in Alberton North

Web Ref:  2501232
Area Alberton North, Alberton, Gauteng
Agency Orange Realty

Sai Ramsundar
072 336 9013
sai@orangerealty.co.za
Investor Opportunity With 6 Rental Properties
**Prime Investment Opportunity – Multi-Tenanted Property with Business Zoning!**

This **exceptional income-generating** property offers a mix of **residential and commercial rentals**, ensuring a **steady monthly income of R58,250.00**. Ideal for investors looking for **high returns**, this property is fully tenanted with long-term lease agreements in place.

### **Property Breakdown:**

?? **Residential 1** – **R11,000/month** (Leased until **30th September 2025**)
- Double-story home with an **entrance hall, lounge, dining room, guest cloakroom, and kitchen**.
- **Upstairs:** 3 spacious bedrooms, 1 bathroom.
- **Private carport** for secure parking.

?? **Residential 2** – **R11,000/month** (Leased until **30th November 2025**)
- **Open-plan lounge and dining area** with a well-sized kitchen.
- **3 bedrooms, 2 bathrooms, storeroom, laundry room.**
- **Private garden** and **own carport** for convenience.

?? **Residential 3** – **R11,500/month** (Leased until **31st July 2025**)
- Spacious **lounge and dining area**, fully equipped kitchen.
- **3 bedrooms, 1 bathroom.**
- **Private entrance gate, private garden, and carport.**

?? **Residential 4 (Cottage)** – **R5,500/month** (Leased until **6th May 2025**)
- Cozy **lounge, kitchen, 1 bedroom, 1 bathroom.**
- **Own carport**, no garden.

?? **Storeroom 1** – **R7,500/month** (Leased until **31st May 2025**)

?? **Storeroom 2** – **R11,750/month** (Leased until **31st December 2025**)
- **Massive storage space** with a **kitchen, 3 toilets, and 1 wash-up bay.**

### **Additional Features:**
? **Business Zoning** – Suitable for **church, dance school, tutor center**, and more.
? **Three-Phase Electricity** – Ideal for commercial operations.
? **Water Meters Installed** – Ready for activation.
? **Total Rental Income: R58,250/month**
? **Average Monthly Expenses (Electricity, Water, Rates): R20,500**

This is a **rare and lucrative investment** with **secured leases** and **high rental demand**. Contact us today for a private viewing! ??

Erf Size2747 m²
RatesR 4 821
Pet Friendly