A strategic investment offering immediate cash flow and significant upside potential in a low-maintenance, solid property.
This three-bedroom fixer-upper presents a prime opportunity for investors and savvy buyers looking to build their portfolio. Currently tenanted with a reliable rental income of R12,000 per month, this property provides instant revenue while you plan for its future appreciation. The solid facebrick construction and practical layout ensure a low-maintenance investment from day one.
With a vision for modernization and some thoughtful updates, this asset is poised to dramatically increase in both value and rental yield, offering an exceptional return on investment.
Property Investment Highlights:
Immediate Rental Income: Sold with a tenant in place, generating R12,000 per month from day one.
Strong Value-Add Potential: Ideal for a "buy and hold" or "fix and flip" strategy. Your investment in upgrades will unlock substantial equity and higher future income.
Low-Maintenance Building: Durable facebrick exterior requires minimal upkeep, protecting your investment and reducing long-term costs.
Generous Living Space: Features two large living areas, providing flexibility and ample space for tenants.
Practical Layout: Includes three bedrooms all equipped with built-in cupboards for tenant convenience.
Functional Amenities: A 1.5-bathroom layout, a kitchen with ample cupboard space, and a cozy fireplace.
Secure and Private: Fully enclosed yard offers security and privacy for tenants.
Additional Parking & Storage: Includes a single garage.
Easy Outdoor Maintenance: Paved front yard minimizes landscaping upkeep.
This is more than a house; it's a strategic investment. The foundation is strong, the income is steady, and the potential for growth is clear. Schedule a viewing today to calculate your ROI.
Contact us now to explore the financial potential of this investment property.