R520,000
Monthly Bond Repayment R5,191.57
Calculated over 20 years at 10.5% with no deposit.
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Monthly Rates
R500
R500
Investment Opportunity In Sebokeng Zone 13
This 3-bedroom property in Sebokeng Zone 13 is a prime opportunity for an investor or a buyer looking for a serious fixer-upper project. The main house is a standard 3-room structure featuring 3 bedrooms, a kitchen, a lounge, and one bathroom. The exterior and interior require significant maintenance, structural attention, and a complete cosmetic overhaul to bring it up to modern living standards. However, the property’s standout feature is its expansion: it includes additional rooms and a mini-apartment on-site, offering a total of 4 bedrooms. This layout is ideal for those looking to generate immediate rental income or for a large family willing to put in the sweat equity to restore the home to its former glory.
The true value of this property lies in its location and investment potential. Situated in a sought-after section of Zone 13, the house is conveniently close to public transport routes and local amenities, making it highly attractive to future tenants. While the current condition of the building is rough, the "Reduced" price point reflects the work needed, allowing a buyer to add significant value through renovation. Whether you plan to convert the entire premises into a multi-unit rental complex or renovate it into a sturdy family home, the bones of the property offer a solid foundation for growth. If you are an investor who isn't afraid of a project and understands the long-term appreciation of Sebokeng real estate!
The true value of this property lies in its location and investment potential. Situated in a sought-after section of Zone 13, the house is conveniently close to public transport routes and local amenities, making it highly attractive to future tenants. While the current condition of the building is rough, the "Reduced" price point reflects the work needed, allowing a buyer to add significant value through renovation. Whether you plan to convert the entire premises into a multi-unit rental complex or renovate it into a sturdy family home, the bones of the property offer a solid foundation for growth. If you are an investor who isn't afraid of a project and understands the long-term appreciation of Sebokeng real estate!
Features
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1
Furnished
No
Exterior
Security
Yes
Pool
No
Sizes
Land Size
314m²
