8 Bed House for Sale Cosmo City Roodepoort

Property Details

Prime Investment Opportunity in Cosmo City: Income Generating Property Discover a lucrative investment opportunity in the heart of Cosmo City. This property offers immediate income generation, making it an ideal choice for savvy investors. The main house features an open-plan dining area seamlessly connected to a kitchen equipped with fitted cupboards. It comprises two bedrooms, each with fitted wardrobes, and a well-appointed bathroom with a tub. This unit currently generates R5,000 per month. In addition to the main house, the property includes three completed apartments, each designed with modern conveniences. Each apartment boasts its own kitchen area with fitted cupboards, fitted wardrobes, and a bathroom with a shower. These apartments are presently generating R3,000 each per month, totaling an additional R9,000 in monthly income. Furthermore, there are three additional apartments located upstairs that are currently under construction. Once completed, these units will significantly increase the property's income potential. At present, this property yields R14,500 per month. Upon completion of the remaining apartments, the projected total income is an impressive R23,500 monthly. Strategically located close to the main road, this property offers convenient access to shops, a police station, and the nearby Jackal Creek Shopping Centre. Its prime location ensures high tenant demand and consistent rental income. Don't miss out on this exceptional investment opportunity in a thriving area. Contact me today to schedule a viewing and secure your next profitable venture in Cosmo City.