Located on the top floor, this 126m² apartment presents a lucrative opportunity for investors looking to maximize rental income. Divided into seven bedrooms, with the final room positioned on an upper level, this property is ideal for student accommodation or shared housing. Two balconies provide additional outdoor space, enhancing its appeal for tenants. While it requires some refurbishment, its layout and size offer excellent value for an investor willing to unlock its full potential.
With an estimated rental income of R8,000 – R10,000 per month, this apartment is positioned to generate strong returns. It features a full bathroom, a separate toilet, and a separate shower, ensuring practicality for multiple occupants. The demand for affordable rental housing in the area makes this a high-yield opportunity for those looking to build a steady income stream.
Seize this chance to transform a well-located property into a profitable asset. Contact us today to arrange a viewing and explore the potential firsthand!
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
