House for sale
Turnkey investment with steady cash flow and flexible multi‑tenant living in a well‑connected neighbourhood, featuring seven Wendy houses and a converted garage flatlet. Three bedrooms, one bath, four covered parking.
This exceptional property offers a fantastic opportunity for savvy investors seeking immediate returns and strong rental income.
The main house is fully utilized for rental purposes, complemented by 7 Wendy houses outside—each generating additional income. The converted garage flatlet features its own kitchen, bedroom, and bathroom, adding even more value and rental flexibility.
Designed with efficiency in mind, the property includes gas geysers, pre-paid electricity helping reduce utility costs and increase tenant appeal. Inside, the home boasts charming wooden floors, creating a warm and inviting atmosphere.
The property is pet-friendly and offers ample parking space, accommodating multiple tenants comfortably.
Current Rental Income: R18,300 per month
Strong, consistent cash flow from multiple income streams
This is a rare find for investors looking to expand their portfolio with a property that is already performing.
Don’t miss out on this high-yield investment opportunity—contact us today to arrange a viewing.
Disclaimer: The information herein is correct to the best of our knowledge as provided by various parties. However, errors and omissions are excepted. Registered with the PPRA (Ref. No. F153803)
Listed for sale at R1,283,000
How does this home’s price compare with similar properties?
Price comparison based on 24 similar-sized 3-bed homes.
Insight
Priced 5% above the local median - but still inside the typical range across Vereeniging.
Compared with 24 similar active listings across Vereeniging.
It's smaller than typical, which helps explain where it sits in the range. 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.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Vereeniging Central offers a convenient urban lifestyle with essential amenities, established infrastructure, and proximity to the Vaal River, making it a practical choice for families and professionals seeking affordable city living.
