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Cosmo City, Cosmo City, Roodepoort, Gauteng
R 750 000
This is a rare income-generating opportunity you don’t want to miss. The property consists of a main RDP house plus *5 additional outside rooms* that are already tenanted and performing. Together the property currently generates *R12,000 per month* in rental income — *R7,500 from the 5 outside rooms* and *R4,500 from the RDP house*. All rooms are occupied, with steady tenants in place, making this a truly hands-off investment from day one. Located in a high-demand area with constant need for affordable accommodation, the property has proven rental demand and virtually zero vacancy. For an investor, this means immediate cash flow with very little risk or setup required. What makes this deal even better is the *untapped potential*. The stand is spacious and well-positioned to built going up, allowing for further development to add more rooms and increase monthly income well beyond the current R12,000. With demand for housing far exceeding supply in this area, you could easily expand and maximize returns. This is the perfect buy for a first-time investor looking for stable rental income, or an experienced landlord wanting to grow a property portfolio. If you’re looking for a property that pays for itself and has room to grow, this RDP with 5 income-generating rooms is it. Contact me today to view — properties with this level of income don’t stay on the market long.
Estimated monthly repayment
R 7 082
on a R 675 000 bond over 20 years at 11.25%
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Cosmo City, Cosmo City, Roodepoort, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Dineo Motaung
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