12 Bedroom House in Mitchells Plain

Calling all investors! This well-positioned income-generating property in the heart of Samora Machel, Philippi presents an excellent opportunity to secure a strong rental asset.

The property is fully enclosed , providing added security and privacy for tenants.

Property Features:

12 rental units

Ground Floor: 5 rental units plus an additional bedroom

Upper Floor: 7 standard single rooms

Communal bathrooms on each floor

Fully enclosed property

Convenient location close to schools, public transport, and the police station

Income Potential:

7 Upper Floor Rooms R1,700 each: R11,900 per month

5 Ground Floor Units R2,500 each: R12,500 per month

Total Potential Monthly Rental Income: R24,400

Potential Annual Rental Income: R292,800

This property offers an attractive gross rental yield of approximately 34.4 making it an ideal addition to an investor''s portfolio. With consistent demand for affordable rental accommodation in the area and easy access to essential amenities, this investment is well positioned for long-term returns.

Don''t miss out on this exceptional investment opportunity. Contact us today to arrange a viewing.