NO TRANSFER DUTY
Web Ref CL529
R1,550,000
The Complex
Cashflow Investment Property For Sale: Prime Location Near Medunsa and Tshwane University of Technol
Cashflow Investment Property For Sale: Prime Location Near Medunsa and Tshwane University of Technology
If You Think Cash-flowing Gauteng Township Property is Booming, Try Soshanguve
Financial Highlights
- **Monthly Income**: R37,000
- **Expenses**: R5,000
- **Net Income**: R32,000
- **Asking Price**: R1.5 Million
- **Seller Financing Available**: Installment Sale with a substantial deposit upfront
- **Return on Investment**: 30%+ per year
Property Details
- **11 Units in Total**:
- 5 x 2 Bedrooms, 1 Bath
- 6 x Bachelor Units
- **Stand Size**: 1200 sqm
- **Additional Features**:
- 1 x 5000 litre Jojo Tank
- 1 Caretaker stays on premises, responsible for:
- Weekly bin collection
- French tank servicing 4 times a year
- Prepaid electricity (flat fee system)
Investing in this property means securing a steady cash flow from rental income, minimal expenses, and a prime location close to major universities. The seller's willingness to offer financing with an installment sale option makes this deal even more attractive for serious buyers. This investment is perfect for those looking to expand their property portfolio with a high-income, low-maintenance property in a rapidly growing area.
Location
- **Bordering Rosslyn and Soshanguve**
- **Close to Mendunsa University and 1 km from Tshwane University of Technology**
### Benefits
- **Low Transfer Costs**: Due to tribal land PTO (Permission to Occupy) ownership
- **Zero Rates and Taxes**
- **Low Utility Costs**
- **3-Phase Electricity Directly from Eskom**: Zero Load Shedding
### Ownership & Transfer
- **Ownership Type**: PTO (Permission to Occupy)
- **Transfer Process**: Via Conveyancing Attorney
- **Ideal for Investors**: Familiar with PTO ownership, but open-minded investors are welcome
### Viewing Information
We will only be showing the property once a week to respect tenant privacy and avoid agitation. Viewings are available on Saturdays from 10 AM to 2 PM.
Make Your appointment today
#GautengProperty #CashflowProperty #SoshanguveProperty #SoshanguveRealEstate #HighROI #PropertyInvestment
If You Think Cash-flowing Gauteng Township Property is Booming, Try Soshanguve
Financial Highlights
- **Monthly Income**: R37,000
- **Expenses**: R5,000
- **Net Income**: R32,000
- **Asking Price**: R1.5 Million
- **Seller Financing Available**: Installment Sale with a substantial deposit upfront
- **Return on Investment**: 30%+ per year
Property Details
- **11 Units in Total**:
- 5 x 2 Bedrooms, 1 Bath
- 6 x Bachelor Units
- **Stand Size**: 1200 sqm
- **Additional Features**:
- 1 x 5000 litre Jojo Tank
- 1 Caretaker stays on premises, responsible for:
- Weekly bin collection
- French tank servicing 4 times a year
- Prepaid electricity (flat fee system)
Investing in this property means securing a steady cash flow from rental income, minimal expenses, and a prime location close to major universities. The seller's willingness to offer financing with an installment sale option makes this deal even more attractive for serious buyers. This investment is perfect for those looking to expand their property portfolio with a high-income, low-maintenance property in a rapidly growing area.
Location
- **Bordering Rosslyn and Soshanguve**
- **Close to Mendunsa University and 1 km from Tshwane University of Technology**
### Benefits
- **Low Transfer Costs**: Due to tribal land PTO (Permission to Occupy) ownership
- **Zero Rates and Taxes**
- **Low Utility Costs**
- **3-Phase Electricity Directly from Eskom**: Zero Load Shedding
### Ownership & Transfer
- **Ownership Type**: PTO (Permission to Occupy)
- **Transfer Process**: Via Conveyancing Attorney
- **Ideal for Investors**: Familiar with PTO ownership, but open-minded investors are welcome
### Viewing Information
We will only be showing the property once a week to respect tenant privacy and avoid agitation. Viewings are available on Saturdays from 10 AM to 2 PM.
Make Your appointment today
#GautengProperty #CashflowProperty #SoshanguveProperty #SoshanguveRealEstate #HighROI #PropertyInvestment
Features
Building Name
The Complex
Zoning
Mixed Use
Exterior
Security
No
Sizes
Floor Size
800m²
Land Size
1,200m²
