NEW
SOLE MANDATE
Web Ref RL28220
R1,600,000
Monthly Bond Repayment R15,974.07
Calculated over 20 years at 10.5% with no deposit.
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3 Bedroom House for sale in West Bank
Excellent Investment Opportunity with Immediate Rental Income
Situated in the established suburb of West Bank, this income-generating property presents an excellent opportunity for investors looking to expand their portfolio or enter the rental market with an asset that already produces a steady return.
The property is currently occupied by six tenants, generating a combined rental income of approximately R22,000 per month. While the home does require some TLC and maintenance, it offers significant potential for a buyer willing to renovate and enhance the property over time.
Whether you choose to retain the existing tenants and enjoy immediate cash flow or upgrade the property to increase its rental potential and overall value, this is an opportunity with plenty of upside.
Key Features
Existing rental income of approximately R22,000 per month
Six tenants already in place
Strong investment potential
Requires renovation and general maintenance
Opportunity to increase value through improvements
Convenient West Bank location with easy access to amenities and transport routes
Properties with an established rental income are becoming increasingly sought after, and this one offers the chance to earn from day one while adding value through strategic renovations.
If you're looking for a property with immediate returns and long-term potential, this West Bank investment deserves your attention.
Situated in the established suburb of West Bank, this income-generating property presents an excellent opportunity for investors looking to expand their portfolio or enter the rental market with an asset that already produces a steady return.
The property is currently occupied by six tenants, generating a combined rental income of approximately R22,000 per month. While the home does require some TLC and maintenance, it offers significant potential for a buyer willing to renovate and enhance the property over time.
Whether you choose to retain the existing tenants and enjoy immediate cash flow or upgrade the property to increase its rental potential and overall value, this is an opportunity with plenty of upside.
Key Features
Existing rental income of approximately R22,000 per month
Six tenants already in place
Strong investment potential
Requires renovation and general maintenance
Opportunity to increase value through improvements
Convenient West Bank location with easy access to amenities and transport routes
Properties with an established rental income are becoming increasingly sought after, and this one offers the chance to earn from day one while adding value through strategic renovations.
If you're looking for a property with immediate returns and long-term potential, this West Bank investment deserves your attention.
Features
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
3
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
No
Parkings
4
Flatlet
2
Pool
No
Scenery/Views
Yes
Sizes
Land Size
619m²
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