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Soshanguve South, Soshanguve South, Soshanguve, Gauteng
R 790 000
Discover a prime investment opportunity with this versatile property located in the sought-after area of Soshanguve South Ext 19. This property is ideally positioned close to key amenities, including George Mukhari Hospital, Sefako Makgatho University, Rosslyn Industrial firms, and Hebron Mall, making it an attractive option for potential tenants. The property features a total of 16 bachelor rooms, each equipped with an inside toilet and shower for convenience and privacy. Of these, 10 rooms are fully completed and ready for occupancy, while 6 are currently under construction, offering potential for further development and increased rental income. Residents will benefit from shared facilities, including a communal kitchen and laundry area, providing all the necessary amenities for comfortable living. Additionally, there is an outside toilet and a Jojo tank to ensure a reliable water supply. The entire yard is paved, enhancing the property's appeal and ease of maintenance. Currently, 6 of the bachelor rooms are tenanted, generating immediate income. There are also 4 vacant rooms available, presenting an opportunity for new tenants to move in. This property represents an excellent investment with potential for growth. Contact me today to arrange a viewing and explore the possibilities this property has to offer.
Estimated monthly repayment
R 7 460
on a R 711 000 bond over 20 years at 11.25%
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Soshanguve South, Soshanguve South, Soshanguve, Gauteng
Area view — the exact address is shared on enquiry.
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