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Investment Property Up For Grabs!

Price
R 1,500,000

Features

Property Type

Home

Listing Purpose

Sale

Levy

457 Estimated Price

Rates

583 Estimated Price

Occupation

On Transfer

Number of Floors

2

Property Tags

Description

An incredible investment opportunity awaits in Rabie Ridge with this wonderful double-storey property, offering not just one or two units, but 9 fully self-contained bachelor apartments. Each unit is designed to provide tenants with comfort and independence, featuring its own private kitchenette and bathroom. The layout ensures privacy for residents while giving investors peace of mind knowing the property is structured for long-term rental success.

Currently, the property is generating a steady monthly rental income of R24,700, making it a rare find for anyone looking to secure a reliable cash flow. Rental demand in the area is strong, ensuring consistent occupancy and minimal downtime between tenants.

The property also offers open parking spaces for up to 3 vehicles, a valuable feature for tenants and visitors alike. Being double-storey, the building maximizes space while maintaining a neat, well-organized environment that appeals to renters seeking convenience in Rabie Ridge.

This is more than just a building—it’s a turnkey investment that gives you the benefit of immediate rental returns and long-term property appreciation. Whether you’re an experienced investor looking to expand your portfolio or someone seeking a property with guaranteed income potential, this is the perfect opportunity.

Rooms

Bedrooms

9

Bathrooms

9

Kitchen

9

Amenities

Parking Spaces

2

Open parking

Amenities

  • Secure Parking