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Blend urban convenience and entrepreneurial living on Thokoza’s bustling main road, with income-generating bachelor units (R10,000/month) and a 2-bed, 1-bath main house.
Prime Investment Opportunity in Thokoza: Versatile Property with Income-Generating Potential
Welcome to an exceptional property that has so much to offer! Situated on a bustling main road in Thokoza, this all-rounder property presents a unique opportunity for both residential living and business ventures. With its strategic location and versatile layout, it can be seamlessly transformed into a thriving business hub.
Currently, the property boasts a double-storey building featuring bachelor rooms that generate an impressive rental income of R10,000 per month. This setup provides an immediate return on investment and underscores the property's potential for further development or expansion.
In addition to the income-generating bachelor units, the main house offers comfortable living with two well-appointed bedrooms, a functional kitchen, and a welcoming lounge area. This makes it ideal for a family seeking a cozy home or an entrepreneur looking to combine living and business operations in one convenient location.
Whether you are an investor aiming to expand your portfolio or a visionary entrepreneur looking to establish a business in a high-traffic area, this property is perfectly positioned to meet your needs. Don't miss this opportunity to own a property with immense potential in the heart of Thokoza. Contact us today to arrange a viewing and explore the possibilities that await you!
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,000,000
Price reduced by 0.5% to R995,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 62 listings in Alberton (town)
Insight
Priced above the median for similar properties in the area.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Affordability
R 9,767 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
62 similar listings
High similar-home inventory town-wide (Alberton)
Median time on market: 118 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Tokoza is a vibrant and established township offering a close-knit community atmosphere with convenient access to essential amenities and opportunities.
* Distances and amenities are approximate.
