R1,300,000

R1,300,000

8 Bedroom House For Sale in Aluta Park
8
Bedrooms
8
Bathrooms
Exclusive Mandate
Hans Teffo

Investment Opportunity: Almost Completed Rental Property in Aluta Park, Mokopane!!!

Web Ref. POL-RS01259
Land size 375.00 m²
Monthly Bond Repayment
R13,418.44
EXCLUSIVE MANDATE
Seize this lucrative opportunity to own a high-yield rental property in the heart of Aluta Park, Mokopane! Sitting on a 375 sqm stand, this investment property is designed for rental income generation, featuring 8 bachelor unit, each thoughtfully designed for modern and comfortable living.

Property Features:
8 Spacious Bachelor Units – Each unit boasts an open-plan bedroom, kitchen, and living area, along with a bathroom (toilet, basin, and shower) for convenience.
Quality Finishes – The property is built with brick and mortar, fully plastered (not yet painted), and fitted with tiles and ceilings in all units.
Security First – Each unit is equipped with burglar bars on doors and windows, ensuring tenant safety.
Prepaid Electricity – Each unit has an independent prepaid electricity meter, allowing easy utility management.
Water Supply – A 2,500L water tank is installed for reliable water storage and supply.
Standalone Guest Toilet – Located in the yard for added convenience.
Fully Walled & Secure – The property is wall-fenced all around with a large, secure gate for controlled access.
Income Potential – Each unit rents for R3,000 per month, offering a total monthly income of R24,000 once fully tenanted.

Finishing Touches & Added Value:

The property is almost complete, with only kitchen units and wall units left to be installed, the materials to complete these are already included in the sale!

This is a golden opportunity for investors looking to enter the thriving rental market in Mokopane. Whether you complete the final touches yourself or hire a contractor, this property promises high returns and long-term value.

Don’t miss out on this incredible investment! Contact us today to arrange a viewing. ????
Monthly Rates R700

Features

Interior
8 Bedrooms
8 Bathrooms
8 Kitchens
8 Lounges
Exterior
Sizes
Land Size 375 m²
Additional Amenities
Backup Water
Guest Toilet
Access Gate
Listing Info
Date Listed 02-04-25
Time Listed 10:26

Finance

Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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