R 850,000

R 850,000

GREAT INVESTMENT OPPORTUNITY IN REFILWE X4
9
Bedrooms
2
Bathrooms
Active

GREAT INVESTMENT OPPORTUNITY IN REFILWE X4

Web Ref. MPLS-11807
Land size 226 m²
Floor size 180 m²
Monthly Bond Repayment
calculating..

EXCLUSIVE MANDATE

Excellent Rental Investment with Strong Demand.

This well-established property in Refilwe X4 offers an excellent opportunity for investors looking for immediate rental income and strong rental demand. The property currently generates rental income from multiple accommodation units, making it an attractive income-producing investment.

Property Features:
.           7 Single Rooms, currently rented at R900 per room per month, shared use of 2 outside toilets and a shower
.           2-bedroom house comprising, kitchenette, living area and bathroom, currently rented at R2,500 per month
.           Outside washing basin for tenants
Current Rental Income:
7 Rooms × R900 = R6,300 per month
2-Bedroom House = R2,500 per month
Total Current Rental Income: R8,800 per month
Potential Annual Rental Income: R105,600


Well-established area with high rental demand, multiple rental opportunities on one property

An ideal opportunity for investors seeking an affordable income-generating property in a high-demand rental area.

 

Features

Property Type Home
Listing Purpose Sale
Municipal Rates R 81
Occupation On Transfer
Floor Size 180 m²
Property Tags
Freestanding

Rooms

Bedrooms 9
Bathrooms 2
Kitchen 1
Lounges 1

Property Location

Disclaimer

While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.