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Ad Details

Location: Houghton Estate, Johannesburg, Gauteng [see map]

Description

Investment property for sale in Houghton Village. 1 Bedroom, loft apartment in a very popular complex. Location, location, location. Complex offers ample visitor\'s parking, swimming pool, clubhous and 24 hour security.

The unit offers an annual yield of 11.2% with rental income of R4950 per month. Tenant in place until 31 Dec 2011. Electricity is pre-paid for the tenant\'s account and water is included in the levy.

You can have a positive cashflow from day 1.

Low levies and property tax.

Don\'t miss out on this opportunity - it is a no-brainer.

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