House for sale at 3705 23 Th Street
Enjoy a hands-off investment in well-established Refilwe X4 — seven rooms plus a 2-bed cottage producing steady income; nine bedrooms and two bathrooms across the property.
EXCLUSIVE MANDATE
Excellent Rental Investment with Strong Demand.
This well-established property in Refilwe X4 offers an excellent opportunity for investors looking for immediate rental income and strong rental demand. The property currently generates rental income from multiple accommodation units, making it an attractive income-producing investment.
Property Features:
. 7 Single Rooms, currently rented at R900 per room per month, shared use of 2 outside toilets and a shower
. 2-bedroom house comprising, kitchenette, living area and bathroom, currently rented at R2,500 per month
. Outside washing basin for tenants
Current Rental Income:
7 Rooms × R900 = R6,300 per month
2-Bedroom House = R2,500 per month
Total Current Rental Income: R8,800 per month
Potential Annual Rental Income: R105,600
Well-established area with high rental demand, multiple rental opportunities on one property
An ideal opportunity for investors seeking an affordable income-generating property in a high-demand rental area.
Listed for sale at R850,000
Refilwe is a close-knit, growing residential township near Cullinan offering affordable housing and a strong community atmosphere within reach of historical mining town attractions.
