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Nsiswakazi, Nsiswakazi, Pinetown, Gauteng
R 670 000
Income-Generating 8-Bedroom Cottage Property Excellent Investment OpportunityThis 8-bedroom cottage property is perfectly suited for rental purposes and already delivers a steady monthly rental income of R10,000. With a current bond repayment of approximately R6,500 per month, the property offers positive cash flow from day one, making it an attractive option for investors.The property also presents strong development potential, with the opportunity to add an additional level of up to 8 more rooms. Once completed, this expansion could increase the total rental income to approximately R20,000 per month, significantly enhancing returns.Ideal for investors seeking an income-producing asset with growth potential, this property combines immediate returns with the opportunity to scale and maximize rental yield. Show more Show less
Estimated monthly repayment
R 6 327
on a R 603 000 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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Nsiswakazi, Nsiswakazi, Pinetown, Gauteng
Area view — the exact address is shared on enquiry.