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Jeppestown, Jeppestown, Johannesburg, Gauteng
R 750 000
?? High-Yield Multi-Unit Investment Property in Jeppe's Town! Asking Price: [Insert Asking Price Here] Secure your foothold in the thriving Johannesburg rental market with this ready-to-go income-generating property in the heart of Jeppe's Town. This strategically subdivided semi-detached home offers six established rental units, ensuring an immediate and profitable yield for the astute investor. Income-Generating Breakdown: This investment machine is designed for maximum occupancy and consistent rental income, featuring: Four (4) x Two-Bedroom Units: Each unit offers two bedrooms, a bathroom, and a kitchen. The larger units also include a dedicated lounge area, a desirable feature for tenants. Two (2) x One-Bedroom Units: Each unit consists of one bedroom and a bathroom, perfect for single occupants or couples seeking affordable, secure accommodation. Totaling 6 Income Streams from 6 Separate Units! Key Investment Features: Exceptional Rental Yield: The current configuration is optimized for high tenant demand in the area, offering excellent cash flow potential and making the investment immediately profitable. Pre-Paid Electricity: All units are fitted with pre-paid electricity meters, effectively managing utility costs and ensuring tenants are responsible for their consumption. Ready to Improve: While some areas require routine maintenance and a touch of TLC, the property's core value lies in its established six-unit layout and robust income stream. Minor cosmetic upgrades offer the opportunity to further increase rental rates and capital value. Don't miss the chance to acquire a fully segregated, multi-unit investment property in a high-demand area of Jeppe's Town. This is a solid asset for portfolio expansion and passive income generation. Call us today for a private viewing and a detailed assessment of the rental returns!
Estimated monthly repayment
R 7 082
on a R 675 000 bond over 20 years at 11.25%
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Jeppestown, Jeppestown, Johannesburg, Gauteng
Listed by
Anika Van Wyk
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