3 Bedroom House in Ilinge Lethu

Excellent opportunity for investors looking to expand their rental portfolio with immediate income generation and future potential. This property in Illinge Lethu offers 3 bachelor units situated next to each other on one property, each currently generating R2 800 per month rental income bringing in a total monthly income of R8 400.

The units are low-maintenance and offer good rental demand in the area. While the units do not currently include hot water systems, baths or showers, there is ample opportunity for upgrades and improvements to further increase rental value and overall return on investment.

Property Features:

3 Bachelor Units

Total Rental Income: R8 400 per month

Current ROI Potential

Secure yard space

Room for future improvements and added value

Ideal for investors or first-time property buyers

Priced at only R450 000, this is a great value investment with solid income-producing potential.

Disclaimer:

All descriptions, whether digital or printed, represent the professional opinions of Seeff and its employees, based on information provided by the seller. Prospective buyers are advised to view the property personally to form their own conclusions. While we strive for accuracy, all measurements, dimensions, and floor plans must be independently verified before entering into any financial commitments. Seeff has not tested any services, appliances, or heatingcooling systems therefore, we give no warranty or guarantee regarding their working order.