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Wesbank, Wesbank, Blue Downs, Western Cape
R 1 050 000
Strong investment opportunity offering immediate rental income of approximately R15,000 per month. This well-configured 6-unit property comprises: - 4 bachelor units generating R2,000 pm each - 2 one-bedroom units each featuring a lounge, kitchen, and generously sized bedroom (large enough to accommodate two double beds), generating R3,500 pm each All units are fitted with private showers. Additional features: include prepaid electricity, aluminium windows throughout, and a borehole helping to significantly reduce water costs and improve net returns. Conveniently located in Wesbank, close to schools, shopping centres, and public transport, ensuring consistent tenant demand. Ideal for investors seeking: * Immediate cash flow * Low-maintenance infrastructure * Reduced utility expenses * A high-demand rental location A solid, income-producing asset with strong fundamentals and long-term growth potential.
Estimated monthly repayment
R 9 915
on a R 945 000 bond over 20 years at 11.25%
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Wesbank, Wesbank, Blue Downs, Western Cape
Listed by
Grace Molefe
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