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Lakeside Estates, Lakeside Estates, Evaton, Gauteng
R 350 000
Investor alert! Sweat Equity Meets Serious Rental Potential. This is not a move-in-ready home it's a blank canvas for your ambition. Priced at just R335,000, this property in Lakeside is a rare find for investors, handymen, or first-time buyers willing to roll up their sleeves and build serious wealth. The Opportunity: 4 Separate Rooms: Imagine renting out each room to generate monthly income. With the right renovations, this could become a cash-flow machine. Outside Toilet with Bathtub (needs fixing): The bones are there. Add some TLC, and you've got a functional bathroom for tenants. Secure Yard: Already walled with a gate – one less thing to worry about. Location Perks: Near Bachilli Lifestyle – a popular spot, meaning steady rental demand. Close to Naledi Taxi Rank – unbeatable convenience for tenants who rely on public transport. What This Property Needs: Some repairs and renovations. A visionary owner who can see past the current condition. Why Buy This? Low Entry Price: Get onto the property ladder without breaking the bank. Rental Business Potential: Transform this into a high-yield income property. Secure Investment: The walled yard and location add intrinsic value. This is for the buyer who isn't afraid of a little work – because the payoff could be life-changing. Don't let this fixer-upper flip away. Contact me today to assess the potential in person!
Estimated monthly repayment
R 3 305
on a R 315 000 bond over 20 years at 11.25%
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Lakeside Estates, Lakeside Estates, Evaton, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Elmarie Mahlangu
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