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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
How this home compares with 67 active listings in Vereeniging.
Insight
Priced 79% below the local median — and below the typical range for Vereeniging.
It's priced below similar homes despite a comparable floor size, which may reflect condition, position or finishes. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Market depth
67 listings
Similar homes town-wide
118 days
Median time on market
Many similar homes
Active across Vereeniging
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Peacehaven is a well-established, tranquil residential suburb in Vereeniging that offers families and professionals convenient access to essential amenities, schools, and the scenic Vaal River lifestyle.
* Distances and amenities are approximate.
