Property includes a four-bedroom, one-bathroom home with a two-bedroom unit on 2018 m² land and generates R9000 monthly rental income.
Are you ready to embark on a home makeover project that promises both charm and substantial returns? This unique property, brimming with potential and awaiting a touch of TLC, presents an incredible investment opportunity. Situated on a single plot, the property comprises two distinct homes that collectively generate a rental income of R9000 per month. Whether you're an investor seeking to expand your portfolio or a homeowner looking to benefit from additional income, this versatile asset is a must-see.
The first property is a spacious and inviting four-bedroom home, thoughtfully designed with family comfort in mind. Featuring a single garage, it provides ample storage and parking space for convenience. Currently tenanted, this house offers immediate rental income to the new owner, ensuring a hassle-free investment from day one.
Adjacent to the main house is a delightful two-bedroom home that carries historical significance. While it requires some tender loving care to reach its full potential, this property represents an exciting opportunity to craft a unique living space or rental unit. Its status as a historical building adds an element of character and charm, appealing particularly to those interested in preserving heritage properties.
This dual-property setup is perfectly suited for investors aiming to enhance their portfolio or homeowners seeking supplementary income. Don't miss this exceptional opportunity to own a piece of history with significant earning potential. The main house is a prefabricated home.
Call today to transform this exceptional property into your own and capitalize on its promising investment potential.
Listed for sale at R850,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 16 listings in Ladybrand Central
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Affordability
R 8,344 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
16 similar listings
Medium similar-home inventory in Ladybrand Central
Median time on market: 186 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Ladybrand Central offers a tranquil, small-town lifestyle with essential amenities and a strong sense of community, making it an appealing place to settle down.
* Distances and amenities are approximate.