This is an exceptional, high-yield investment property in the booming rental hub of Olievenhoutbosch Extension 24, priced to sell at an attractive R650,000. Offering immediate, stable cash flow, this is a prime acquisition for seasoned landlords and wealth-building investors alike.
The main house features a neat and manageable two-bedroom RDP home featuring a central living space. Outside are seven, separate, high-density rental room, built specifically to maximize residential tenant capacity. Commercial retail space featuring two prominent on-site shops, perfectly positioned to capture busy local foot traffic and generate premium commercial rent.
Generates a substantial gross rental income of R17,000 per month directly from day one. Phenomenal high-yield return at an asking price of R650,000, this property yields an astronomical 31.4% gross annual return on investment (ROI), vastly outperforming traditional suburbs. Minimize your vacancy risk by collecting steady rental income from nine independent residential and commercial tenants simultaneously. The monthly income easily covers any localized expenses or bond repayments while leaving a healthy, positive cash surplus in your pocket.
Situated in Olievenhoutbosch Ext 24, an area facing an ongoing, massive demand for affordable housing and local convenience shopping. Within walking distance to major commuter taxi routes and local bus stops, ensuring effortless travel for your tenants to Centurion, Midrand, and Pretoria. Quick, easy access to regional shopping centers including Mall@55, Forest Hill City, and Blue Hills Shopping Centre. Located close to local clinics, community centers, and prominent public schools.