3 Bedroom House For Sale in Rabie Ridge
R1,499,999
Monthly Bond Repayment R14,975.69
Calculated over 20 years at 10.5% with no deposit.
Web Ref No LFPE-17054
Exceptional Township Investment Opportunity | Multi-Let Property Generating R14 000+ Passive Income
Investor's dream alert! Located in a thriving upper township community, this 319m² property is the perfect blend of income-generating potential and family living.
Boasting 7 fully tenanted back rooms that currently bring in a solid R14 000 per month in rental income, this property offers a proven multi-let investment opportunity.
But that's not all — the main house, a spacious 3-bedroom, 1-bathroom home, remains vacant and can generate an additional R6 000+ monthly, bringing the total earning potential to over R20 000 per month.
Why Invest Here?
Perfect for township investors looking for passive income from day one
Live in the main house while the back rooms pay off your bond
Or rent out everything and enjoy maximum return on investment
Flexible use: Family home, investment property, or a hybrid of both
Room for improvement – increase rental rates with minimal upgrades
Location Highlights:
Walking distance to churches, public parks, and the BP petrol station
Less than 10km from Eshilo Clinic
Centrally located with access to local transport routes and amenities
This is a rare multi-let investment in the township market where rental demand remains strong and cash flow is king.
Whether you're an experienced investor or just starting out, this property gives you a head start with tenants already in place, a secure location, and multiple income streams.