This versatile property offers a combination of 7 standard rooms and a two-bedroom house with its own bathroom, making it ideal for investors seeking reliable rental returns. While the rooms and kitchen are not yet fitted, the property is already generating a monthly income of R11,800, providing immediate cash flow with potential for further upgrades and increased value.
Key Features
Accommodation: 7 standard rooms plus a 2-bedroom house with private bathroom.
Income Potential: Currently generating R11,800 per month.
Value Add: Rooms and kitchen offer scope for future improvements to enhance rental yield.
Versatility: Suitable for student housing, affordable rentals, or conversion into a guesthouse.
Why This Property?
With its existing income stream and potential for further development, this property is a standout opportunity for investors looking to expand their portfolio. The combination of multiple rental units and a separate two-bedroom house ensures flexibility and long-term growth.