House For Sale in Cosmo City in Island Cosmo Cty Ext 6
Calling All Serious Investors!
An excellent investment opportunity in the sought-after Cosmo City Ext 6!
This well-positioned, income-generating property comprises a two-bedroom main house plus three cottages, offering an attractive opportunity for investors seeking a property with existing rental income and potential for further development.
The main house features:
Two generously sized bedrooms, both fitted with floor tiles and comfortably accommodating sizeable bedroom furniture.
A functional kitchen with a single sink and space for two appliances.
A bathroom fitted with a shower, basin and toilet.
The three cottages are well-sized and designed to comfortably accommodate a kitchenette, bedroom furniture and a couch. The cottages are provided with a shower and basin and a separate toilet, providing practical accommodation for tenants.
The property is fully walled and gated, offering privacy and security. It sits on a fairly large stand, with sufficient space and positioning to allow for potential future development, subject to the relevant approvals.
Currently generating approximately R10,000 per month in rental income, this property presents an opportunity to acquire an established income-producing asset with scope to potentially increase its income and value over time.
Located in a sought-after section of Cosmo City Ext 6, the property benefits from convenient access to a well-established public transport network and a range of essential amenities. A police station, fire station, shopping centre and other services are all located within close proximity.
Investment highlights:
2-bedroom main house
3 income-generating cottages
Approximately R10,000 current monthly rental income
Large stand with further development potential
Fully walled and gated
Convenient access to public transport
Close to essential amenities
Serious investors are encouraged to take advantage of this opportunity.
Contact me today to arrange your viewing. Viewings are strictly by appointment and are reserved for pre-qualified buyers.
An excellent investment opportunity in the sought-after Cosmo City Ext 6!
This well-positioned, income-generating property comprises a two-bedroom main house plus three cottages, offering an attractive opportunity for investors seeking a property with existing rental income and potential for further development.
The main house features:
Two generously sized bedrooms, both fitted with floor tiles and comfortably accommodating sizeable bedroom furniture.
A functional kitchen with a single sink and space for two appliances.
A bathroom fitted with a shower, basin and toilet.
The three cottages are well-sized and designed to comfortably accommodate a kitchenette, bedroom furniture and a couch. The cottages are provided with a shower and basin and a separate toilet, providing practical accommodation for tenants.
The property is fully walled and gated, offering privacy and security. It sits on a fairly large stand, with sufficient space and positioning to allow for potential future development, subject to the relevant approvals.
Currently generating approximately R10,000 per month in rental income, this property presents an opportunity to acquire an established income-producing asset with scope to potentially increase its income and value over time.
Located in a sought-after section of Cosmo City Ext 6, the property benefits from convenient access to a well-established public transport network and a range of essential amenities. A police station, fire station, shopping centre and other services are all located within close proximity.
Investment highlights:
2-bedroom main house
3 income-generating cottages
Approximately R10,000 current monthly rental income
Large stand with further development potential
Fully walled and gated
Convenient access to public transport
Close to essential amenities
Serious investors are encouraged to take advantage of this opportunity.
Contact me today to arrange your viewing. Viewings are strictly by appointment and are reserved for pre-qualified buyers.
Monthly Rates
R304.91
Features
Interior
Exterior
Sizes
Listing Info
Cosmo City, Roodepoort
- Street map
- Street view
- Amenities
- Schools
Filling Station
0.30 km - Sasol Cosmo City
0.59 km - Springbok Stores Filling Station
0.94 km - Engen Cosmo Corner Point
Bus Station
0.17 km - Shoprite, South Africa Drv
0.17 km - Cosmo City Mall Taxi Rank, South Africa Drv
0.34 km - Baptist Church
Hospital/Clinic
3.11 km - Hitech Therapy
3.30 km - Intercare Northriding
Police Station
2.77 km - Cosmo City Police Station
Shopping Centre
0.54 km - Cosmo Mall
1.58 km - Kya Junction Shopping Centre
1.73 km - River Park Shopping Centre
0.10 km - Flame Lily Day Care
0.30 km - Rmc
0.30 km - Happy Feet Ecd
0.38 km - Moving Forward Nursery School
0.44 km - Sebabatso Daycare
0.52 km - Sinah Cosmo
0.78 km - Cosmo City Secondary
1.03 km - Melikane Primary School
1.42 km - Csc Driving School
1.93 km - Faith Academy
1.96 km - Tirisano-Mmogo Primary School
1.99 km - Kwena Molapo Comprehensive Farm School
2.30 km - Nooitgedacht 88 Laerskool
2.97 km - Beatrice College
3.08 km - Mosalaonline
3.50 km - Royal Mount College
Average sold property price in Cosmo City
Freehold
Sectional Scheme
Vacant Land
Freehold
R1,127,167
33.3%
Average price
33
33.3%
Transfers
Sectional Title
R770,625
50.0%
Average price
5
50.0%
Transfers
Estate
R
0%
Average price
0
0%
Transfers
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Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
