9 Bedroom Apartment in Soshanguve South

FULLY TENANTED 9-UNIT INVESTMENT PROPERTY WITH EXCELLENT GROWTH POTENTIAL

CASH BUYERS ONLY SOSHANGUVE EXT. 7. 5 minutes walking distance to Southview Shopping Center,

An exciting opportunity for the investor looking for immediate rental income today and substantially higher earning potential tomorrow.

This income-generating property comprises 9 generously sized rental rooms and is already fully tenanted, currently producing approximately R8,100 per month in rental income.

The property currently offers separate shower and bathroom facilities, but its real investment potential lies in the size and layout of the rooms.

Each room offers generous space and excellent renovation potential, allowing the new owner to progressively upgrade the units by installing a private en-suite bathroom with shower and a compact kitchenette.

Once upgraded, the estimated rental potential could increase to approximately R1,700 per unit, translating to around R15,300 per month when fully occupied, subject to achievable market rentals.

INVESTMENT HIGHLIGHTS

9 spacious rental units

Fully tenanted

Current rental income: R8,100 pm

Potential rental income after upgrades: R15,300 pm

Separate existing bathroom and shower facilities

Generously sized rooms with renovation potential

Opportunity to create self-contained rental units

Existing tenant base provides immediate cash flow

Ideal for an investor looking to improve, optimise and grow rental returns

Buy the income that already exists, then unlock the income the property is capable of producing.

Contact me today to arrange a viewing and explore the full potential of this investment opportunity.