House for sale
Instant income opportunity in an established neighbourhood with easy access to amenities — five self-contained rental units on a large erf, offering seven bedrooms and four bathrooms.
Looking for an investment that generates income from day one? This well-positioned property has been converted into five separate rental units, offering an excellent opportunity for investors seeking immediate rental returns.
The property is currently fully occupied by five tenants, producing a combined monthly rental income of approximately R12,500, providing a steady cash flow from transfer.
Each rental section offers private living space, making the property attractive to long-term tenants while maximizing the earning potential of the erf. Whether you're looking to expand your property portfolio or purchase your first investment property, this is an opportunity worth considering.
Property Highlights:
Converted into 5 separate rental units
5 existing tenants
Current rental income: Approximately R12,500 per month
Excellent investment opportunity
Established rental history
Potential for continued long-term income
Don't miss the opportunity to own an income-producing property with tenants already in place.
Listed for sale at R1,150,000
Wide price range across Klerksdorp
Prices vary widely across Klerksdorp, so a like-for-like comparison isn't reliable for this home.
Below the typical range for Klerksdorp.
Price comparison based on 6 similar-sized 5+ bed homes.
Market depth
6 listings
Similar homes town-wide
Low inventory
Active across Klerksdorp
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Meiringspark is a tranquil and well-established residential suburb in Klerksdorp, offering a family-friendly atmosphere with convenient access to essential urban amenities and major transport routes.
