High-Yield Income Property with Expansion Potential in Olievenhoutbosch Ext 36...
Boost your real estate portfolio with this incredible income-generating property situated in the highly sought-after and secure pocket of Olievenhoutbosch Extension 36. Boasting an immediate monthly cash flow and room for future expansion, this property is the ultimate investment for smart buyers looking to maximize their returns.
The property features a main 2-bedroom family home complemented by 3 fully-tenanted outside rooms, currently generating a steady rental income of R8,100 per month. Every single unit is equipped with its own individual prepaid electricity meter, ensuring stress-free utility management and no unexpected bills.
The yard features dedicated open space with the potential to build an additional outside room to further scale your monthly rental revenue. Exceptionally low monthly rates and taxes, maximizing your net profit margins. Secure on-site parking comfortably accommodating two vehicles.
Ideally positioned in Extension 36, the property offers unmatched geographic convenience. It sits perfectly central to Gauteng's major economic hubs—Midrand, Centurion, Pretoria, and Johannesburg. Tenants and residents enjoy effortless access to local schools, medical clinics, churches, and major public transport taxi ranks.
Whether you are looking to live in the main house while your bond is paid off by the outside rooms, or rent out the entire property for maximum yield, this is an opportunity not to be missed.
Contact us today to secure your private viewing before it's snapped up!