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646 Nketsi Street, Soshanguve South Ext 9, Soshanguve, Gauteng
R 290 000
Investment Opportunity in Soshanguve South Ext 9 Unlock the potential of this excellent income-generating property, ideally located in Soshanguve South Ext 9 This property offers an RDP house together with four spacious bachelor units, making it an ideal opportunity for investors looking to expand their rental portfolio. Each bachelor unit features: Open-plan living and sleeping area Private shower, toilet, and basin The property is conveniently situated close to a range of amenities, including Rosslyn Industrial Area, Sefako Makgatho Health Sciences University, Thorntree Complex, Hebron Mall, Block TT Complex, and Block TT Community Clinic. It also offers easy access to the M17 and Mabopane Highway, ensuring convenient travel for tenants. The bachelor units require some finishing touches, including: Electrical connections Ceiling installation Painting To assist with the completion, the seller will include the remaining building materials, including bricks and additional supplies required to finish the units. The boundary wall has also been started and requires completion. This is an excellent opportunity for investors or buyers looking to add value and maximise rental income with a property that offers strong potential in a high-demand rental area.
Estimated monthly repayment
R 2 739
on a R 261 000 bond over 20 years at 11.25%
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646 Nketsi Street, Soshanguve South Ext 9, Soshanguve, Gauteng
Listed by
Elmarie Pillay
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