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Thembalethu, Thembalethu, George, Western Cape
R 960 000
This excellent income-generating property in Thembalethu offers a solid return for investors looking to expand their portfolio. The property consists of 8 well-positioned rental rooms, currently generating a monthly rental income of R17,400, providing immediate cash flow from day one. Each unit is designed for practical, low-maintenance living, making it attractive to tenants and easy to manage. The property is ideally located within a high-demand rental area, ensuring consistent occupancy.
Estimated monthly repayment
R 9 066
on a R 864 000 bond over 20 years at 11.25%
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Thembalethu, Thembalethu, George, Western Cape
Listed by
Ayanda Khoza
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