For sale in Phumula, Roodekop: A converted property comprising five units.

Attention cash buyers and investors specializing in township development,


Time is of the essence! An extraordinary investment opportunity awaits you on Luthando Street in Phumula. Act swiftly to capitalize on this lucrative deal.


This property is not your average investment—it's a revenue-generating powerhouse:


- Transformed into 5 separate apartments, this property guarantees immediate income.
- Positioned on a bustling road for maximum visibility and accessibility.
- Close proximity to public transportation and shopping centers adds unparalleled convenience.
- Includes a spacious parking area, adding further value to the package.


Let's talk numbers:


- All 5 apartments are currently rented out, bringing in a solid R12,000 in monthly revenue.
- Each apartment generates approximately R2400 in monthly rental income.


With a projected return on investment of 6%, this opportunity ensures substantial gains over time.


But that's not all:


- The property boasts a generous 476 square meters, offering ample space for expansion.
- Easy access with a single entrance ensures hassle-free management.


Why hesitate?


This opportunity is perfect for both seasoned investors and newcomers alike. With all apartments already occupied, you can start earning returns from day one.


Location is key:


- Strategically positioned on Luthando Street, this property commands attention.
- Close proximity to bus routes and shopping centers makes it irresistible to potential tenants.


Looking ahead:


- With its prime location and high demand for rental properties, this investment promises sustained growth.
- Seize this golden opportunity to diversify and strengthen your investment portfolio.


Don't let this chance slip through your fingers. Reach out now to secure your viewing and make this lucrative investment yours. Time waits for no one.

Property Reference #: 7002001-46774

Agent Details:
Andries Mashego
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157