R 1 899 000 | 12 bed property for sale in protea glen

Investment Property For Sale ?? Soweto, Protea Glen Ext 31 ?? R1 899 000 An excellent opportunity for investors looking for a property that offers strong rental income and long-term growth potential. Situated in the heart of Protea Glen Ext 31, this well-positioned property is already generating a steady monthly income of R24 000 from its rental units. The property boasts 12 bachelor units, each designed for convenience and tenant comfort. These units provide consistent rental demand, ensuring minimal vacancies. With the growing need for affordable rental accommodation in Soweto, this property offers security and sustainability for investors who want a reliable return on investment. In addition, the main house includes 2 well-sized bedrooms, an open-plan kitchen and lounge, a private entrance, and a dedicated laundry area. This setup provides the flexibility for owner-occupation, additional rental income which is currently at R5600 The location is one of its greatest strengths – close to schools, shopping centres, healthcare facilities, and public transport routes. Tenants enjoy easy access to essential amenities, making this property highly attractive and competitive in the rental market. Whether you are an experienced investor or starting your property portfolio, this property ticks all the right boxes: income-generating, strategically located, and future growth potential. Contact us right away Morema Estates ??? Your Agency of Choice