NEW
Web Ref ULR10730
R575,000
Monthly Bond Repayment R5,644.44
Calculated over 20 years at 10.25% with no deposit.
Change Assumptions
3 Bedroom Freestanding For Sale in Cinderella Park
Investor’s Choice, Cinderella Park
Perfectly positioned with easy access to Bishopstowe Road, this 452 sqm erf is optimized for multi-tenancy and consistent cash flow.
Current Income & Layout
The property is currently fully tenanted, generating a gross rental income of R7,500 per month (including municipal charges).
Main Residence: Configured into three spacious bedrooms sharing a communal kitchen and bathroom facility.
External Suite: A private outside room featuring its own dedicated bathroom.
Commercial Element: A container tuckshop located at the rear of the property. Facing the main road, it is perfectly positioned to capture foot traffic from the local community and commuters.
Development Potential
With a generous land size of 452 sqm, there is ample room to modernize the existing structures or further develop the site to maximize your Return on Investment (ROI).
Sale Terms
This sale is specifically tailored for cash buyers or investors ready to capitalize on the property's footprint.
Requirements: Serious inquiries only. Prospective buyers must produce a Bank Guarantee or Pre-approval certification prior to viewing.
Perfectly positioned with easy access to Bishopstowe Road, this 452 sqm erf is optimized for multi-tenancy and consistent cash flow.
Current Income & Layout
The property is currently fully tenanted, generating a gross rental income of R7,500 per month (including municipal charges).
Main Residence: Configured into three spacious bedrooms sharing a communal kitchen and bathroom facility.
External Suite: A private outside room featuring its own dedicated bathroom.
Commercial Element: A container tuckshop located at the rear of the property. Facing the main road, it is perfectly positioned to capture foot traffic from the local community and commuters.
Development Potential
With a generous land size of 452 sqm, there is ample room to modernize the existing structures or further develop the site to maximize your Return on Investment (ROI).
Sale Terms
This sale is specifically tailored for cash buyers or investors ready to capitalize on the property's footprint.
Requirements: Serious inquiries only. Prospective buyers must produce a Bank Guarantee or Pre-approval certification prior to viewing.
Features
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
No
Parkings
1
Flatlet
1
Pool
No
