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Kwamagxaki, Kwamagxaki, Gqeberha, Eastern Cape
R 1 399 000
Looking for a home that pays you back? Welcome to a prime investment property in KwaMagxaki — a rare, income-generating property offering flexibility for investors, first-time buyers, and growing families alike. This property currently generates R15,000 in monthly rental income, with all three units fully tenanted. Whether you're looking to step onto the property ladder with built-in rental income to offset your bond, grow your investment portfolio, or house a multi-generational family with independent living spaces, this property delivers. MAIN HOUSE: 3 well-sized bedrooms 1 bathroom Open-plan kitchen and lounge Aluminium window frames throughout TWO MIRROR IMAGE FLATLETS: Open-plan kitchen and lounge (downstairs), Spacious bedroom with private balcony (upstairs), Full bathroom (upstairs), Independent, self-contained living. Prime location - 2.9km to Nelson Mandela University – Missionvale Campus, - 4.5km to Kenako Mall, - ±1km to Old Uitenhage Road, linking directly to the CBD and N2 National Road, - Situated on a well-kept, sought-after street. With Missionvale Campus just minutes away, this property holds strong potential for conversion into accredited student accommodation, opening the door to NSFAS-funded tenant income — a growing and stable rand more rental market for the area. Let tenants help pay your bond. Contact us today to arrange a viewing.
Estimated monthly repayment
R 13 211
on a R 1 259 100 bond over 20 years at 11.25%
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Kwamagxaki, Kwamagxaki, Gqeberha, Eastern Cape
Liivra AI market value
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Listed by
Nkosinathi Fourie
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