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House
·
for sale
R 2 100 000
R 14 285/m²
4 Bedroom House For Sale in Vincent Heights
Buffalo City Metropolitan Municipality
· 147 m² · 4 Bedrooms · 1 Bath · House
Buffalo City Metropolitan Municipality · 147 m² · 4 Bedrooms · 1 Bath · House
Situated in the sought-after suburb of Vincent, this property presents an excellent opportunity for investors looking to expand their rental portfolio. The property is currently tenanted and generates an approximate rental income of +-R20,000 per month, which can significantly assist with bond repayments from the outset. Offering generous accommodation and positioned in a well-established area close to schools, shopping centres, and major amenities, this home has strong investment potential. The property would be particularly suitable for buyers seeking a rental investment rather than an immediate move-in-ready residence. Please note that the property does require maintenance and updating, and the asking price has been positioned with this in mind. This creates an opportunity for an investor to add value over time while benefiting from an existing rental income stream. Key Features. Existing tenants in place. Approximate rental income: R20,000 per month. Excellent investment potential.
Situated in the sought-after suburb of Vincent, this property presents an excellent opportunity for investors looking to expand their rental portfolio. The property is currently tenanted and generates an approximate rental income of +-R20,000 per month, which can significantly assist with bond repayments from the outset. Offering generous accommodation and positioned in a well-established area close to schools, shopping centres, and major amenities, this home has strong investment potential. The property would be particularly suitable for buyers seeking a rental investment rather than an immediate move-in-ready residence. Please note that the property does require maintenance and updating, and the asking price has been positioned with this in mind. This creates an opportunity for an investor to add value over time while benefiting from an existing rental income stream. Key Features. Existing tenants in place. Approximate rental income: R20,000 per month. Excellent investment potential.
R 2 100 000