House For Sale in Mfuleni

R1,100,000
Property Details

Smart investment opportunity in Mfuleni!

Looking for your next great investment? Look at this one.

Welcome to this fantastic investment property in the bustling neighborhood of Mfuleni!

This property is perfectly situated to take advantage of all the conveniences that the area has to offer.

This property boasts ten rental units, providing an excellent opportunity for a savvy investor to generate passive income. Five of the units are located on the first floor and each comes equipped with its own bathroom. The remaining five units are situated on the ground floor. Each tenant is provided with pre-paid electricity meters, DSTV connection point and own bathroom. 

The property is currently generating a total rental income of R18700 per month (main house included), with a positive cash flow from the transfer of existing tenant leases to the new owner. This makes it an ideal investment opportunity for someone looking for a turnkey property with a steady income stream.

With its excellent location and steady income stream, this property is a must-see for any investor looking for a great opportunity in Mfuleni.

Perfectly positioned and priced to sell.

We assist with bond applications.

Call to arrange your private viewing now!

Property Features
Property Type
House
Bedrooms
10
Bathrooms
10
Land Size
200m²
Location
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