BIG INVESTMENT PROPERTY WITH 3 HOUSES AND MORE PLACE TO EXPAND IN RUSTENBURG BODORP
This investment property in Rustenburg Bodorp sounds promising. With a substantial yard size of 1428m² and three separate houses – one 3-bedroom and two 2-bedroom units – it offers a diverse rental income potential. Prepaid electricity and borehole water add to its appeal, ensuring convenience and cost-effectiveness for both the landlord and tenants.
Generating approximately R19,000 per month in rental income is impressive, indicating a strong return on investment. Additionally, the spacious yard presents opportunities for further development, allowing for the construction of more units to increase rental revenue even further. This potential for expansion enhances the long-term profitability of the property.
Location-wise, being situated in the heart of Rustenburg is advantageous, providing easy access to amenities, services, and transportation hubs. Tenants will appreciate the convenience of being close to everything, which can contribute to higher demand and lower vacancy rates.
Overall, this investment property offers a solid foundation for generating consistent rental income and potential for future growth. Its features, location, and income potential make it an attractive opportunity for investors seeking a lucrative venture in the Rustenburg area.
South Africa's North West Province is strategically located between Botswana in the west and the economic powerhouse and industrial heartland of Gauteng in the east. The province offers vast mineral resources, sophisticated tourist industry and agricultural abundance.
Opportunities abound for increasing the income-producing capacities of the local industries, enhancing product beneficiation within the province...
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Beyond your expectation