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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)
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,283,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 146 listings in Vereeniging (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 30% above the median. Floor size is 28% smaller than typical for similar homes.
Similar properties pricing
Key differences
Market depth
146 similar listings
High similar-home inventory town-wide (Vereeniging)
Median time on market: 105 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
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.
* Distances and amenities are approximate.
