Create high-return rental suites in Peacehaven's quiet, well-connected neighborhood, with a generous yard for expansion and a converted garage; five bedrooms inside plus one extra, single carport.
Calling all investors! This spacious property in Peacehaven offers excellent potential for rental income and long-term returns.
Featuring a total of 6 bedrooms (including a garage conversion), this home is perfectly suited for multi-tenant rental. While the property is not in the best condition and requires some tender loving care, it presents a fantastic opportunity to renovate and maximize its earning potential.
Property features:
5 bedrooms inside the main house
1 additional bedroom (converted from a single garage)
Generous yard space with room for further development
Single carport
Great layout for rental income setup
This property is ideal for investors looking to grow their portfolio and unlock value through upgrades.
With the right vision, this property can become a strong income-generating asset.
Listed for sale at R600,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 49 listings in Vereeniging (town)
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Affordability
R 5,890 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
49 similar listings
High similar-home inventory town-wide (Vereeniging)
Median time on market: 85 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
Peacehaven is a quiet residential area offering a relaxed lifestyle with convenient access to essential amenities and the broader Vereeniging area.
* Distances and amenities are approximate.