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Rockford, Rockford, Phoenix, KwaZulu-Natal
R 530 000
High-Yield Investment Opportunity 1-Bedroom Flat in RockfordPrice: R530,000Current Rental Income: R4,500 per monthGross Yield: 10.2 per annumSecure a cash-flow generating property in a high-demand rental node with excellent access to key business, retail, and medical hubs.Investment Highlights:Immediate rental income tenant-readyStrong demand from hospital staff, professionals & young familiesLow running costs:Rates: R320 per monthMunicipal water & electricity39 m² ideal, low-maintenance unitFully fenced complex with on-site parkingParking bay directly in front of the unitProperty Layout:Large bedroom with built-in cupboardsLoungeKitchenBathroomStrategic Location Advantage:Minutes from Cornubia Business & Industrial HubClose to Mount Edgecombe Life HospitalEasy access to Gateway Shopping CentreNear private & public hospitals and schoolsNo traffic congestionLocated in a safe, established areaIdeal For:Buy-to-let investorsFirst-time property investorsPortfolio expansion with strong yield and growth potential Show more Show less
Estimated monthly repayment
R 5 005
on a R 477 000 bond over 20 years at 11.25%
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Rockford, Rockford, Phoenix, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
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