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Cyrildene, Cyrildene, Johannesburg, Gauteng
R 1 800 000
_**sole mandated - agents don't phone the owner - he is not into other agents.**_ **Prime Investment Opportunity – Cyrildene / Bruma** Attention property investors: this is a high-potential income-generating asset waiting to be completed and maximized. This partially renovated property was originally intended for a **boarding house / Airbnb-style development**, offering immediate upside for the right buyer. **Property Breakdown:** **Outside:** * 4 Bedrooms * 3 Shower areas (2 with toilets, 1 fitted with 5 showers) * 5 Toilets **Main House:** * 5 Bedrooms * 1 Bathroom * Remote-controlled access gates * ZoZo water tanks (ideal for backup water supply) **Total Offering:** * 9 Bedrooms * 9 Bathrooms **Stand Size:** 916 sqm **Location:** Cyrildene / Bruma **Price:** R2,000,000 (sold as is) * * * **Why This Makes Financial Sense:** * Potential rental income: ± **R3,500 per unit** * 9 units = ± **R31,500/month gross income** * Estimated bond: ± **R18,000/month** * **Positive cash flow from day one (± R13,500/month)** **Return on Investment:** * Estimated payoff period: **± 63 months (5.3 years)** * High demand area for affordable rentals and short-term stays * Flexible exit strategy: long-term rentals, Airbnb, or resale after completion * * * **Investor Advantages:** * Renovation already started – save time and initial costs * No fixed plans – redesign to suit your investment strategy * Convert back to a residential home or maximize density for rentals * Strong rental demand in the area * * * **Bottom Line:** This is not just a property — it’s a **cash-flow project with scale potential**. Perfect for investors looking to build a rental portfolio or enter the accommodation market with strong returns. **Invest smart today. Build long-term wealth tomorrow.** **lrf-wg001**
Estimated monthly repayment
R 16 998
on a R 1 620 000 bond over 20 years at 11.25%
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Cyrildene, Cyrildene, Johannesburg, Gauteng
Listed by
Tshepo Mahlangu
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