Property description
The property comprises 6 income-generating units, currently occupied by long-term tenants:
1 x 3-bedroom unit
3 x 2-bedroom units
2 x 1-bedroom units
R35,800+ current monthly rental income
100% occupancy
Prepaid electricity installed in all units
Borehole on site, reducing reliance on municipal water
Professional rental management through Property Plus Rentals
Established tenant base and consistent rental collection
10 YEARS OF PROVEN INCOME HISTORY
One of the property's strongest investment advantages is its established rental history.
As the managing agents, we have 10 years of income history on file, providing a valuable track record for investors assessing the property's performance.
Serious investors can request access to the available income history, current lease agreements and a detailed projection of potential future returns, allowing you to make an informed investment decision based on actual performance rather than speculation.
WHY THIS PROPERTY?
✔ Immediate cash-flow potential from six occupied units
✔ Established rental demand due to the strategic location
✔ Long-term tenant profile supporting income stability
✔ Low-maintenance income infrastructure
✔ Prepaid electricity assisting with utility management
✔ Borehole providing an additional sustainability advantage
✔ Professional rental management already in place
✔ Potential for rental growth and future value enhancement
✔ Potential development upside for an investor looking to add units or implement value-enhancing improvements, subject to the necessary approvals
Contact us today to receive a detailed income history, current lease agreements, and a personalized ROI forecast.
- Pets Allowed
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
