Investment Opportunity: Prime Property for Sale at R 2,500 000.00 Are you looking for a lucrative investment in the real estate market? Look no further! This exceptional property offers a unique opportunity to generate steady rental income while providing affordable and comfortable living spaces. This property is commercially zoned. Property Highlights: - 26 Spacious Rooms in Total: Plenty of options to attract a diverse range of tenants. - Additional Shared Bathrooms: Sufficient facilities to accommodate all tenants comfortably. - Prepaid Electricity: Efficiently manage and control utility expenses. Rental Income Potential: With rental prices ranging from R 1 650.00 to R 2 500.00 per room per month, this property offers outstanding value and income potential. Currently generating a rental income of /- R 50 000.00 per month, it’s a proven investment with satisfied tenants. Why Invest? - High Demand: The blend of affordability, privacy, and shared amenities makes this property highly attractive to tenants. - Stable Income: Consistent rental income demonstrates the property’s value and appeal. - Low Maintenance: Prepaid electricity reduces the hassle of utility management. Perfect for: - Investors: Secure a property with a proven rental income stream. - Landlords: Expand your portfolio with a high-demand rental property. - New Investors: Enter the real estate market with a property offering immediate returns. This property is more than just a place to live; it's a smart investment opportunity at an unbeatable price of R 2,500 000.00. Don't miss out on the chance to own a property that offers both excellent rental income and long-term value. Contact us today to schedule a viewing and take the first step towards securing this prime investment opportunity!
Purchase Price R 1 900 000
Type of PropertyHouse
Last Updated21 Jan 2025
Bedrooms26
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