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Senaoane, Senaoane, Soweto, Gauteng
R 1 900 000
Two-Bedroom House with Student Accommodation Soweto, SenaoneAn investment opportunity you dont want to miss!This two-bedroom double-story house comes with extensive outside bachelor rooms, perfectly designed and currently used as student accommodation generating a steady rental income of R25,500 per month.FeaturesMain house: 2 bedrooms, spacious living area, kitchen, and bathroomOutside accommodation:4 bachelor rooms upstairs5 bachelor rooms downstairsSecure yard with ample spaceConveniently located near schools, shops, and transport routesAdvantagesAlready established as a student rental businessHigh demand for accommodation in the areaStrong monthly income streamLow-maintenance property with tiled finishesBenefitsImmediate cash flow from existing tenantsIdeal for investors seeking passive incomeOpportunity to expand or upgrade for even higher returnsPerfect balance of home ownership and business investment Show more Show less
Estimated monthly repayment
R 17 942
on a R 1 710 000 bond over 20 years at 11.25%
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Senaoane, Senaoane, Soweto, Gauteng
Listed by
Deon Khumalo
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