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Prime Investment Opportunity: High-Yield, Income-Generating Property In New Acres
R 1,350,000
Can I afford this?14 Photo(s)
1 month ago25 views
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General Details
Description
Discover this exceptional 2-bedroom home, ideal for both investors and families seeking a property with strong rental potential. The main house features a modern kitchen, a spacious lounge, and one well-maintained bathroom, providing comfortable living spaces for tenants or homeowners.
The true highlight of this property is the six fully leased backrooms, each offering a reliable source of passive income. With a total monthly rental income of R16,700.00 from both the main house and the backrooms, this property is a high-yield investment, ensuring consistent returns from day one.
Conveniently located in a sought-after area, this property is just minutes away from key amenities such as shopping centers, reputable schools, and reliable public transportation. Easy access to the nearby highway also makes commuting and travel a breeze.
This property presents a rare opportunity to own a versatile and profitable real estate asset. Whether you're looking to expand your investment portfolio or secure a home with added income potential, this property ticks all the boxes.
Features:
- 2 spacious bedrooms in the main house
- Modern kitchen and comfortable lounge area
- 1 well-maintained bathroom
- 6 fully leased backrooms, providing a steady rental income
- Total monthly rental income: R16,700.00
- Prime location near shopping centers, schools, public transport, and highway access
Don't let this opportunity pass you by! For more information or to arrange a viewing, please contact us today.
Property Reference #: 112
Agent Details:
Sthembiso Shabangu
Morema Estates
4567 Isimuku street, Kempton Park, South Africa
The true highlight of this property is the six fully leased backrooms, each offering a reliable source of passive income. With a total monthly rental income of R16,700.00 from both the main house and the backrooms, this property is a high-yield investment, ensuring consistent returns from day one.
Conveniently located in a sought-after area, this property is just minutes away from key amenities such as shopping centers, reputable schools, and reliable public transportation. Easy access to the nearby highway also makes commuting and travel a breeze.
This property presents a rare opportunity to own a versatile and profitable real estate asset. Whether you're looking to expand your investment portfolio or secure a home with added income potential, this property ticks all the boxes.
Features:
- 2 spacious bedrooms in the main house
- Modern kitchen and comfortable lounge area
- 1 well-maintained bathroom
- 6 fully leased backrooms, providing a steady rental income
- Total monthly rental income: R16,700.00
- Prime location near shopping centers, schools, public transport, and highway access
Don't let this opportunity pass you by! For more information or to arrange a viewing, please contact us today.
Property Reference #: 112
Agent Details:
Sthembiso Shabangu
Morema Estates
4567 Isimuku street, Kempton Park, South Africa
Id Subtitle 1311856252
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Estimated monthly repaymentR 14,631
Total property loan amountR 1,350,000
Total interestR 2,161,211
Total repaymentR 3,511,211
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Morema Estates
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