Prime Investment Opportunity: High-Yield 11-Room Property in Mapetla!
Property Description
This is an exceptional investment opportunity located at Mapetla, Gauteng, a vibrant area known for its strong community and excellent accessibility. The property offers a significant return on investment potential due to its dual structure: a main house and an extensive block of outside rental rooms.
The main house features a three-bedroom layout, offering a comfortable sitting and dining room space, a functional kitchen, and a shared bathroom.
Crucially for investors, the property includes eight separate outside rooms with a shared exterior toilet facility, providing a built-in income stream.
This established rental configuration is highly attractive for maximizing rental yield in the area.
Mapetla, situated within Soweto, benefits from outstanding local amenities.
The area is well-serviced by public transport, with informal and formal taxi and minibus routes readily available, ensuring connectivity for potential tenants. It offers easy access to major highways linking to Johannesburg, making it a convenient location for commuters.
The surrounding area includes key suburbs like Soweto Central, Eldorado Park, Protea Glen, and Devland, placing the property near schools, shopping facilities, and other essential services. This combination of location, convenience, and high room count makes it a renovator's dream and a prime asset for portfolio growth.
8 outside rooms
1 toilet
Main house
3-bedroom
bathroom
Kitchen
Siting and dining room