R700,000
12
0
3
248
Investor’s palace in the heart of Jeppestown! This fully tenanted 12-bedroom house generates a solid monthly rental income of R16,500, making it a great opportunity for investors looking for steady cash flow. The property is located directly in front of a primary school, ensuring high rental demand from families and working individuals. It features spacious rooms, communal kitchen and bathroom areas, and secure gated access. An added bonus is the fully operational spaza shop on-site, providing an extra income stream. While the property is structurally sound and fully occupied, it does require a bit of TLC—offering the perfect chance to add value through minor renovations or upgrades. Conveniently situated near public transport routes, schools, and shopping amenities, this is an income-generating gem in a high-demand rental area. Don’t miss out—contact us today to arrange a viewing!
Property Type:
House
Ownership Type:
Freehold
Last Sale Date:
24 Oct 2017
Land Size:
248sqm
Bedrooms:
12
Bathrooms:
3
Living Areas:
1
Rates & Taxes:
R2,000
Monthly Rent:
R16,500