Monthly Bond Repayment R12,182.75
Calculated over 20 years at 10.75% with no deposit.
Web Ref No RL47397
Investment Opportunity - Tedstoneville
Perfectly positioned in the heart of Tedstoneville, this income-generating property practically pays for itself!
With a solid tenant base and consistently high rental demand in the area, this is your chance to secure a property that covers your bond while building equity.
BONUS: Seller is in the process of giving the entire exterior and roof a fresh coat of paint — adding even more value and curb appeal!
Re-zoning to Residential 2 currently in progress – ideal for long-term growth, compliance, or future development
Property Features: • 7 Standard Rooms (±4m x 4m) – R1 700 each p/m • 4 Double Rooms (±3m x 7m) – R2 200 each p/m • Caretaker Room on Site • 2 Communal Showers & 2 Toilets • Geyser with Prepaid Meter • Prepaid Electricity in Each Room • Ample parking space on the property
Monthly Council Bill (incl. water): ±R2 700 p/m
This is a turnkey opportunity for savvy investors looking for stable, passive income with upside potential in a well-located area close to transport links and amenities.
📞 Call today to book a viewing or request more info!