- 7
- 7
- 338 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 600.00
Property description
Prime Investment Property – 7 Income-Generating Bachelor Flats
This is a golden opportunity for the serious investor. The property consists of 7 well-maintained bachelor flats, each renting at R2,900 per month, delivering a combined monthly rental income of R20,300.
At a purchase price of only R960,000, the numbers speak for themselves – this property offers an exceptionally high rental yield and the rare chance to enjoy immediate positive cash flow, even with bond financing in place. Returns of this caliber are seldom seen in the current market.
Each flat is individually equipped with pre-paid electricity meters, ensuring effortless tenant management and cost control. Additional features include parking for up to 4 vehicles.
With strong demand for affordable rental units, this property is a secure, income-producing asset that will continue to perform well into the future.
Property Details
- 7 Bedrooms
- 7 Bathrooms
Property Features
- Access Gate
- Paving
| Bedrooms | 7 |
| Bathrooms | 7 |
| Erf Size | 338 m2 |
Contact the Agent
Stephno Boshoff
Candidate Property Practitioner