Prime Multi-Stream Investment Property in Cosmo City Ext 2...
An absolute goldmine for serious property investors!
This exceptional, high-yielding multi-unit property is a rare find in the booming rental market of Cosmo City Extension 2. Spanning a substantial 310-square-meter corner stand, this fully developed compound delivers an outstanding, immediate cash-flow injection with a proven monthly rental income of R16,600.The property layout is engineered to maximize rental density and tenant privacy.
It features a foundational four room RDP main house, seamlessly complemented by nine independent outside rooms that are in continuous high demand. Giving this investment an edge over others, it includes a dedicated, highly visible 1-room salon. The salon is ideal for a local business operator or commercial tenant, creating a diverse, highly resilient cash flow.
Cosmo City is one of Johannesburg's fastest-growing mixed-use residential nodes, offering unparalleled tenant absorption rates. Positioned in a bustling, densely populated extension where affordable rental rooms and local hair/beauty services are constantly sought after. Quick access to major transit routes, including Malibongwe Drive and the N1 Western Bypass, with public transport and local taxi ranks easily accessible. Just a short distance from Cosmo Mall—featuring top-tier supermarkets, banks, and retail outlets—and minutes away from the Northgate Shopping Centre. Located near prominent local schools, including Meridian Cosmo City (Curro), Cosmo City Secondary School, and various local daycares.