Enjoy central living and immediate rental income from self-contained outside flats — walking distance to town centre and Medi Clinic, with seven bedrooms and two covered parking spaces.
This well-located property offers an excellent investment opportunity with immediate rental income. Currently configured as a main house with additional outside buildings, the owner is successfully operating it as a 4-room, 3-flat rental property, generating an approximate monthly income of R20,000, this excludes the potential rental income of the flat he stays in on the premises.
The property features a total of five toilets, with a combination of bath and shower facilities, providing convenience and comfort for multiple tenants. There are two geysers on the property—one servicing the main house and a second dedicated to the outside flats and rooms—ensuring efficient hot water supply.
Ideally situated within walking distance of the town centre and Medi Clinic Hospital, this property benefits from strong rental demand and excellent accessibility to essential amenities.
Whether you are an investor looking for steady returns or a buyer seeking a versatile property with income potential, this is a solid opportunity in a highly desirable location.
Key Features:
Main house plus outside buildings
Currently used as 4 rooms and 3 flats
Approximate rental income: R20,000 per month, excluding the rental income of the 1 flat he stays in thats also on the property
5 toilets (bath and shower combinations)
2 geysers (separate for main house and rentals)
Walking distance to town and Medi Clinic Hospital
Well-located, high-demand area
Don't hesitate as this is a well located good priced property.
Listed for sale at R1,350,000
Compared with 72 active listings in Vereeniging.
Insight
Priced 53% 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
72 listings
Similar homes town-wide
119 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.
