- 11
- 2
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Property description
ELEVEN ROOM INVESTMENT OPPORTUNITY | 90% OCCUPANCY RATE | PREPAID ELECTRICITY
Why to Buy?
- Ten single rooms with 1 bachelor with onsuite
- 12,6 % Yield with current occupancy
- All rooms are fitted with prepaid meters for electricity
- Near the hospital creating demand
Discover an exceptional investment opportunity with this 11-room property boasting a 90% occupancy rate and a robust 12.6% yield, perfect for both seasoned and first-time investors. The property features 10 single rooms and a spacious bachelor unit with an en-suite, all equipped with prepaid electricity meters to ensure hassle-free tenant billing. Strategically located near a hospital, this property benefits from consistent demand, particularly from healthcare professionals and visitors, making it a stable income generator. The current owners are disinvesting to pursue other ventures, presenting a rare chance to acquire a high-performing asset in a prime location.
Ideal for first-time property investors, this listing offers simplicity and strong financial performance. The prepaid electricity meters reduce management disputes, while the high occupancy rate and hospital proximity ensure consistent rental income. Ample parking space enhances the property’s appeal, providing convenience for tenants and potential for additional revenue.
Don’t miss out on this opportunity to own a move in ready masterpiece! Contact me today to schedule a viewing and make this stunning property your forever home!
Property Details
- 11 Bedrooms
- 2 Bathrooms
Property Features
- Access Gate
- Guest Toilet
- Paving
- Property Investment
- 90% Occupancy
- 12.6% Yield
| Bedrooms | 11 |
| Bathrooms | 2 |
Contact the Agent
Mogomotsi Mathebula
Candidate Property Practitioner
