R1,580,000
Monthly Bond Repayment R15,509.96
Calculated over 20 years at 10.25% with no deposit.
Change Assumptions
Calculate Affordability
|
Calculate Bond & Transfer Costs
| Currency Converter
Prime Investment Property – 11 Flatlets + Converted Main House
• Units: 11 modern flatlets, each with 1 bedroom and ensuite bathroom
• Features per unit: Fully tiled, built-in cupboards & wardrobes, individual electricity meter boxes
• Exterior: Securely fenced, fully paved, low-maintenance design
• Main house: 2-bedroom home already converted into a flatlet, DSTV connection available
• Location: Walking distance to mall, stadium, schools, police station, and main road for taxis
Rental Income Potential
• Average rental per unit: R2,400
• Total monthly income (11 units): R26,400
• Annual income: R316,800
Why this property stands out:
• Ready-to-go rental stream with all units fitted and tenant-friendly
• Individual electricity meters ensure hassle-free management
• Strong demand location near key amenities
• Secure, low-maintenance design ideal for long-term investment
This is a turnkey opportunity for savvy investors looking for consistent cash flow and excellent growth potential.
