Earn rental income while enjoying flexible family living with central convenience near schools, hospitals and transport — includes liquor license, eight bedrooms, three bathrooms and single garage.
Exceptional Investment Opportunity!
Attention all savvy investors! Discover a remarkable property that not only offers a comfortable living space but also generates an impressive rental income of R9,300 per month. With 7 outside rooms—3 downstairs and 4 upstairs—this property is a lucrative investment with room rentals as follows: Room 1: R1,000, Room 2: R1,000, Room 3: R1,500, Room 4: R1,500, Room 5: R1,000, Room 6: R1,300, and Room 7: R2,000.
The main house is an absolute delight, featuring a well-appointed kitchen with ample cupboard space to cater to all your culinary needs. It includes two generously sized bedrooms and a separate full bathroom. The inviting lounge and dining room are perfect for family gatherings, with an additional lounge area adorned with a charming thatch roof. Historically serving as a tavern, the property comes with a liquor license should you wish to continue this venture.
The property is beautifully tiled throughout the yard and equipped with two geysers for added convenience. There is secure parking available for up to four cars, enhanced by CCTV cameras for peace of mind.
Conveniently located near top-tier amenities such as schools, petrol stations, taxi ranks, bus stops, hospitals, clinics, and a police station, this property ensures easy access to everything you need.
Don't miss out on this exceptional investment opportunity! Contact us today to schedule an exclusive viewing.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R900,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 21 listings in Soweto (town)
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Market depth
21 similar listings
Medium similar-home inventory town-wide (Soweto)
Median time on market: 91 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
Mapetla is a vibrant and well-established residential neighborhood in Soweto that offers a strong sense of community and convenient access to essential local services and major transport routes.
* Distances and amenities are approximate.