Perfectly positioned in the heart of Tedstoneville, this income-generating property practically pays for itself!
With a solid tenant base and consistently high rental demand in the area, this is your chance to secure a property that covers your bond while building equity.
BONUS: Seller is in the process of giving the entire exterior and roof a fresh coat of paint — adding even more value and curb appeal!
Re-zoning to Residential 2 currently in progress – ideal for long-term growth, compliance, or future development
Property Features:
• 7 Standard Rooms (±4m x 4m) – R1 800 each p/m
• 4 Double Rooms (±3m x 7m) – R2 200 each p/m
• Caretaker Room on Site
• 2 Communal Showers & 2 Toilets
• Geyser with Prepaid Meter
• Prepaid Electricity in Each Room
• Ample parking space on the property
Monthly Council Bill (incl. water): ±R2 700 p/m
This is a turnkey opportunity for savvy investors looking for stable, passive income with upside potential in a well-located area close to transport links and amenities.
📞 Call today to book a viewing or request more info!