- 5
- 1
- 1
- 303 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 582.00
Property description
Nestled within the vibrant community of Gompo, this property presents an exceptional investment opportunity for property investors seeking to maximize their rental income potential. This modest two-bedroom home offers the perfect blend of affordability and income-generating potential, making it an attractive proposition for those looking to expand their real estate portfolio.
The main residence boasts two well-appointed bedrooms, providing comfortable accommodations for tenants seeking a cozy living space. Additionally, the property features three additional rooms in the backyard, each fully tenanted and ready to generate lucrative rental returns. With a steady stream of rental income already in place, investors can enjoy immediate cash flow and long-term financial stability.
Conveniently located 2 minutes from amenities such as Spar, schools, and public transportation, this property offers tenants easy access to everyday conveniences, ensuring high occupancy rates and minimal vacancy periods. However, it's important to note that the property's proximity to an informal settlement may pose challenges for some prospective tenants.
Despite this minor drawback, the potential for steady rental income far outweighs any concerns, making this property an attractive investment opportunity in the burgeoning rental market of Gompo. Don't miss your chance to capitalize on this lucrative venture.
The owner is doing finishings by repainting the house as well as putting in new aluminium windows
Contact me today to learn more about this exceptional property and take the first step toward building your investment portfolio.
Property Details
- 5 Bedrooms
- 1 Bathrooms
- 1 Garages
- 1 Lounges
- 1 Dining Area
- 1 Flatlet
Property Features
- Pets Allowed
- Access Gate
- Kitchen
- Guest Toilet
- Paving
- Garden
- Family TV Room
- Zinc Roof
- Aluminium/ Wooden
- Tiled Floors
| Bedrooms | 5 |
| Bathrooms | 1 |
| Garages | 1 |
| Erf Size | 303 m2 |
Contact the Agent
Daniel Carelse
Candidate Property Practitioner