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Cosmo City, Cosmo City, Roodepoort, Gauteng
R 1 730 000
This stunning 7-bedroom investment property is a goldmine ! The main house boasts a spacious 2-bedroom, 1-bath setup with a gorgeous lounge area perfect for entertaining or unwinding . But the real magic lies in the multiple income streams: this baby's bringing in a solid R6,500 per month from the main house alone. And then there are the 3 backrooms - each self-contained and raking in R2,500 a month, giving you a tidy sum of R7,500 extra per month. With tenants already in place, you're looking at a hassle-free investment that's ticking all the boxes . But wait, there's more ! The property also features 2 front rooms, each generating R2,300 per month - that's an additional R4,600 monthly. Crunching the numbers, you're looking at a whopping R18,600 in monthly rental income . The property's in a prime location, with high demand for rentals, ensuring your investment stays lucrative. With its excellent layout, existing tenants, and solid returns, this property is a dream for any savvy investor . Don't let this opportunity slip away - seize this gem and watch your portfolio grow .
Estimated monthly repayment
R 16 337
on a R 1 557 000 bond over 20 years at 11.25%
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Cosmo City, Cosmo City, Roodepoort, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Michael Mnguni
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