20 X Room Commune in East Lynne close to the N1 and surrounding areas. Current rental income of about R 35 200 monthly. All rooms currently leased out. Communal bathrooms and kitchen.
Plans available for additional 6 X rooms and an extra bathroom but not for the rest of the buildings.
Possibility also exist to redevelop the commune to double storey and add rooms on unused areas as well.
12 rooms rented out at R1 600 per month = R19 200
8 rooms rented out at R2 000 per month = R16 000