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Gonubie, Gonubie, East London, Eastern Cape
R 1 585 000
Unlock the potential of this outstanding income-generating property, offering the ideal balance of comfortable family living and a steady rental income. This well-maintained property comprises of 8 bedrooms, with 4 rental rooms, currently generating a monthly income of R10,000. The separate 3-bedroom main house provides privacy and ample space for owner-occupiers while allowing the rental income to help cover bond repayments or boost your investment returns. Set on a generously sized, fully walled property, there is plenty of outdoor space with secure parking for multiple vehicles. The neat condition of the property means you can move in or continue renting immediately with minimal additional work. Whether you're an experienced investor looking to expand your portfolio or a family wanting the benefit of extra rental income, this versatile property is an opportunity not to be missed. Don't miss this fantastic opportunity to own a property that offers both a comfortable lifestyle and a reliable monthly income. Contact us today to arrange your private viewing!
Estimated monthly repayment
R 14 968
on a R 1 426 500 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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Gonubie, Gonubie, East London, Eastern Cape
Area view — the exact address is shared on enquiry.
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