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Tembisa Phomolong, Tembisa Central, Tembisa, Gauteng
R 650 000
Good day, I trust you are well Tembisa Phomolong Asking price:R700 000 This income generating property is ideally located within close proximity to the taxi rank and Birch Acres Mall, offering excellent convenience for tenants and easy access to public transport and essential amenities. The main house consists of 2 bedrooms, providing a comfortable living space for an owner or a primary tenant. In addition, the property features 7 outside rooms, presenting a strong rental income opportunity for investors or buyers looking to maximize returns. The yard is fully paved, allowing for low maintenance and easy upkeep, while also providing functional shared space for tenants. The outside rooms are arranged along the yard, each with separate access, making it practical for multi-tenant use. Please note that the property is not in perfect condition and will require some maintenance and TLC, which is reflected in the pricing. This makes it an ideal option for buyers looking to renovate and add value over time. Key Features: * 2-bedroom main house * 7 outside rental rooms * Walking distance to taxi routes * Close to Birch Acres Mall * Fully paved yard * Strong rental income potential * Investment opportunity This is a great opportunity for investors or buyers seeking an affordable property with immediate income potential in a well-connected area.
Estimated monthly repayment
R 6 138
on a R 585 000 bond over 20 years at 11.25%
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Tembisa Phomolong, Tembisa Central, Tembisa, Gauteng
Listed by
Lindiwe Shabalala
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