- 4
- 1
- 147 m2
- 1 011.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1500.00
Property description
Situated in the sought-after suburb of Vincent, this property presents an excellent opportunity for investors looking to expand their rental portfolio.
The property is currently tenanted and generates an approximate rental income of +-R20,000 per month, which can significantly assist with bond repayments from the outset.
Offering generous accommodation and positioned in a well-established area close to schools, shopping centres, and major amenities, this home has strong investment potential. The property would be particularly suitable for buyers seeking a rental investment rather than an immediate move-in-ready residence.
Please note that the property does require maintenance and updating, and the asking price has been positioned with this in mind. This creates an opportunity for an investor to add value over time while benefiting from an existing rental income stream.
Key Features
• Existing tenants in place
• Approximate rental income: R20,000 per month
• Excellent investment potential
• Well-located in Vincent
• Close to schools, shops, and main routes
• Opportunity to renovate and add value
If you are looking for a property with immediate income-generating potential and long-term growth prospects, this Vincent is well worth considering.
Contact us today to arrange a viewing and discuss the investment potential in more detail.
Property Details
- 4 Bedrooms
- 1 Bathrooms
- 1 Lounges
- 1 Dining Area
Property Features
- Patio
- Pool
- Pets Allowed
- Access Gate
- Kitchen
- Entrance Hall
- Paving
- Garden
- Metal roof
- Aluminium/steel windows
- Carpet/tile flooring
- Prepaid meter
Video
| Bedrooms | 4 |
| Bathrooms | 1 |
| Floor Area | 147 m2 |
| Erf Size | 1 011.0 m2 |
