Someone beat you to it!

Unfortunately, another Gumtree user is in the process of purchasing this item. Check back later in case they've changed their mind, or click the button below to browse more Pay & Ship listings.

42k Income Generating Property @ Tembisa - 15 bachelor rooms, 95% tenant occupancy

R 2,000,000

Can I afford this?
14 days ago195 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
Location:
For Sale By:Agency
Available From:22/11/2025
Dwelling Type:House
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):4+
Parking:None
Description

This is an Investment Property to match your passive income needs! Situated in SA's busiest townships, boasting a 95% tenant rate (of its 15 bachelors), well build, with impeccable finishes throughout. The property generates a healthy cash-flow of 42k (monthly) with minimal utilities costs. Park your cash here, and get greater investment and in 5 years, your capital investment would have been realised.

Id Subtitle 1342646152
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 20,305
Total property loan amountR 2,000,000
Total interestR 2,873,099
Total repaymentR 4,873,099
Interest rate at 10.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
RECALCULATE
Sammy Malepa
Selling for 11+ years
Total Ads50
Active Ads1
Seller stats
50Total Ads
2.60KTotal Views
Verified information
Mobile number
Email address
Contact Smalepa
071*******Show Number
Message
(3964)
Phone
(Optional)
Include my number in my message.
Send Message
By clicking "Send" you accept the Terms & Conditions and Privacy Notice and agree to receive newsletters and promo offers from us.