Monthly Bond Repayment R12,386.26
Calculated over 20 years at 11% with no deposit.
Web Ref No FHR1779
Investment Opportunity
Located right next to the busy Busy Corner in Ivory Park, this twelve-room property, well-positioned, presents a superb chance for smart investors to expand portfolios with rental income. As each room attracts rental income that averages R1,500 monthly, this property has a potential for passive income generation of R18,000 for each month.
The property is suitably situated near public transport routes, shopping facilities, and local amenities — making it attractive to tenants located nearby. This income-generating gem merits attention, whether you're an experienced investor or a novice buyer entering the market.
- 12 rental rooms - Average rental income: R1,500 for each room. - Prime location situated just next to Busy Corner, Ivory Park - Elevated rental demand region. - Near many shops, several schools, and the public transport.
Do not miss this smart investment opportunity — properties of this kind do not stay on the market for very long!
Features
Bedrooms 12
Bathrooms 2
Land Size 230m²
Monthly Rates R600.00