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Cosmo City, Cosmo City, Roodepoort, Gauteng
R 850 000
Attention investors! This income-generating property offers strong monthly returns and excellent growth potential in a good location. The property consists of: 3-bedroom extended main house 6 outside rental rooms Fully tenanted 6x Rooms =R1200 each 3 bed RDP =R4200pm Total income =R11400pm Separate prepaid electricity meters Well maintained and neatly kept Only requires a fresh coat of paint Currently generating R11,400 per month in rental income, with rentals not increased for some time — presenting clear opportunity to increase your returns. This property offers positive monthly cash flow, with the potential to put approximately R3,000 – R5,000 per month in your pocket after bond repayments. Why this makes sense for investors: Immediate income from day one Multiple income streams on one stand Low running costs with prepaid meters Strong rental demand in the area Potential to increase rentals and improve yield A solid, income-producing property with room to grow. Serious investors, don’t miss this opportunity. Call/WhatsApp to arrange a viewing.
Estimated monthly repayment
R 8 027
on a R 765 000 bond over 20 years at 11.25%
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Cosmo City, Cosmo City, Roodepoort, Gauteng
Listed by
David Ngcobo
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