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
Compared with 191 active listings in Vereeniging.
Insight
Priced 10% below the local median — but still inside the typical range for 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.
Similar properties pricing
Key differences
Premium priced · based on 86 listings
Compact at a premium · based on 86 listings
Market depth
191 listings
Similar homes town-wide
132 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.
Vereeniging Central offers a convenient, bustling urban lifestyle with essential amenities, proximity to the Vaal River, and a well-established infrastructure that caters to families and professionals alike.