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Rabie Ridge, Rabie Ridge, Midrand, Gauteng
R 1 800 000
Discover an outstanding property investment opportunity in the growing suburb of Rabie Ridge. This clean, secure, and well-maintained multi-unit property is perfectly suited for investors seeking strong monthly cash flow and long-term value appreciation. The property comprises 5 bachelor units and one standard room, thoughtfully designed to provide comfortable, practical living spaces for tenants. Each unit offers privacy, convenience, and a welcoming atmosphere, making the property highly attractive in a high-demand rental area. It's currently generating R21 000 in rental income per month. This property is a ready-made investment with immediate returns from day one. Its strong rental performance and excellent occupancy potential make it ideal for both seasoned investors and first-time buyers entering the rental market. Set in a safe and neat environment, the property has been carefully maintained to ensure peace of mind for both owner and tenants. A bonus is the inclusion of a backup JoJo water tank, providing reliable water storage and uninterrupted convenience during water supply interruptions — a highly sought-after feature for tenants. The property’s location offers easy access to major routes, public transport, schools, shopping amenities, and surrounding business hubs, further enhancing its rental appeal and long-term investment potential. Property Features * 5 Well-Sized Bachelor Units * Generating ± R21 000 Rental Income Per Month * Safe & Secure Property * Clean and Well-Maintained Premises * Backup JoJo Water Tank Installed * Strong Tenant Demand Area * Excellent Income-Producing Investment * Convenient Access to Main Roads & Amenities Asking Price: R1 800 000 This is a rare opportunity to secure a profitable, income-generating property in a sought-after rental area. Don’t miss out on adding this valuable asset to your investment portfolio.
Estimated monthly repayment
R 16 998
on a R 1 620 000 bond over 20 years at 11.25%
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Rabie Ridge, Rabie Ridge, Midrand, Gauteng
Listed by
Tumi Pretorius
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