320 m² Land available in Soshanguve East

VANDALISED INVESTMENT PROPERTY FOR SALE 10 SINGLE ROOMS | SOSHANGUVE EXTENSION 07PRIME INVESTMENT OPPORTUNITY WITH GREAT INCOME POTENTIALAn exceptional opportunity for serious investors to acquire an income-generating property in the well-developed area of Soshanguve Extension 07, ideally situated next to a busy shopping complex and within close proximity to the Rosslyn Industrial Area.This property was previously operated successfully as a rental business, comprising 10 single rental rooms that generated a steady monthly income. Each room was rented out at R1,000 per month, producing an approximate monthly rental income of R10,000.Due to the owner''s private and personal circumstances, the rental business was discontinued, leaving the property unoccupied for some time. Unfortunately, the vacant property was subsequently vandalised, resulting in damage to parts of the existing structures.However, the property still presents an outstanding investment opportunity for buyers with vision. With renovation and restoration, the new owner can revive the rental business and benefit from the strong demand for accommodation in the area, particularly from individuals employed in Rosslyn and surrounding industrial zones.Rental Income Potential- Previous Monthly Rental Income: Approximately R10,000- 10 Single Rooms previously occupied- High demand for rental accommodation- Excellent opportunity to restore and increase returns- Strong long-term investment potentialProperty Features- 10 Existing Single-Room Structures- Some structures have been vandalised and require renovation- Outside Toilet Facilities- Prepaid Electricity System- Secure and Accessible Location- Ideal for redevelopment and income generation- Situated in a fully developed neighbourhoodNearby Amenities and Points of Interest- Walking distance to a busy Shopping Complex- Close to Rosslyn Industrial Area- Easy access to public transport and taxi routes- Nearby schools and educational facilities- Clinics and healthcare centres within the area- Convenient access to major roads and amenities- High rental demand driven by employment opportunities in RosslynINVESTMENT HIGHLIGHTSSoshanguve Extension 07 continues to experience strong rental demand due to its strategic location and proximity to employment hubs. This property offers investors the opportunity to restore a previously successful rental enterprise and unlock its full income-generating potential.Whether you are looking to expand your property portfolio, renovate and resell, or revive a profitable rental business, this property presents excellent value and future growth prospects.Contact us today to arrange a viewing and secure this promising investment opportunity before it''s gone! Show more Show less

235 Extension 07, Soshanguve East Ext 6, Soshanguve, Gauteng

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