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Ivory Park, Ivory Park, Midrand, Gauteng
R 630 000
For sale!! RDP House for sale in Tembisa. The property consists of a 2-bedroom RDP main house, complemented by two rental units, two additional shacks, and a spaza shop, offering strong potential for consistent monthly income. Located in a high-demand area with good foot traffic, this property is well-suited for investors seeking both residential and small-scale commercial income. Property Features: 2-bedroom RDP main house 2 additional rental units 2 shacks for extra rental income Spaza shop providing business income Multiple income streams from one property This property offers great potential for buyers looking to maximize returns through rentals and small business income. Prime RDP Property in Ivory, Tembisa: A Goldmine for Investors! The Shop: The property features a well - designed shop that is a blank canvas for entrepreneurs. Whether you're looking to start a convenience store, a beauty salon, or a small eatery, this shop has the potential to become a thriving business. The high foot traffic in the area guarantees a steady stream of customers. Rental Rooms: A Steady Income Stream In addition to the shop, the property comes with three rental rooms. With the high demand for affordable housing in Tembisa, these rooms are a goldmine for generating passive income. The rooms are well - maintained and can be easily rented out to tenants, providing you with a consistent monthly cash flow. there is a large pool of potential renters in the area. Don't miss out on this amazing investment opportunity in Ivory, Tembisa. Contact Matsebe and Precious today for more information or to schedule a viewing.
Estimated monthly repayment
R 5 949
on a R 567 000 bond over 20 years at 11.25%
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Ivory Park, Ivory Park, Midrand, Gauteng
Fair-value check
Fairly pricedIn line with comparable 2-bed houses for sale in Ivory Park
Based on 28 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Lebo Masilela
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