R 650,000

R 650,000

Prime Investment Opportunity: High-Yield 11-Room Property in Mapetla!
11
Bedrooms
4
Bathrooms
Active

Prime Investment Opportunity: High-Yield 11-Room Property in Mapetla!

Web Ref. MPLS-3790
Land size 263 m²
Floor size 165 m²
Monthly Bond Repayment
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Property Description This is an exceptional investment opportunity located at Mapetla, Gauteng, a vibrant area known for its strong community and excellent accessibility. The property offers a significant return on investment potential due to its dual structure: a main house and an extensive block of outside rental rooms. The main house features a three-bedroom layout, offering a comfortable sitting and dining room space, a functional kitchen, and a shared bathroom. Crucially for investors, the property includes eight separate outside rooms with a shared exterior toilet facility, providing a built-in income stream. This established rental configuration is highly attractive for maximizing rental yield in the area. Mapetla, situated within Soweto, benefits from outstanding local amenities. The area is well-serviced by public transport, with informal and formal taxi and minibus routes readily available, ensuring connectivity for potential tenants. It offers easy access to major highways linking to Johannesburg, making it a convenient location for commuters. The surrounding area includes key suburbs like Soweto Central, Eldorado Park, Protea Glen, and Devland, placing the property near schools, shopping facilities, and other essential services. This combination of location, convenience, and high room count makes it a renovator's dream and a prime asset for portfolio growth. 8 outside rooms 1 toilet Main house 3-bedroom bathroom Kitchen Siting and dining room

Features

Property Type Home
Listing Purpose Sale
Municipal Rates R 650
Pet Friendly Yes
Occupation On Transfer
Levy R 1
Floor Size 165 m²
Property Tags
Freestanding

Rooms

Bedrooms 11
Bathrooms 4
Kitchen 1
Lounges 1

Amenities

Garden Secure Parking Covered Parkings

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.