Enjoy versatile living and rental income in Rustenburg East, close to Sibanye shafts, schools and healthcare; tenanted units yield R15,000/month and an expansive yard. Five bedrooms, two baths.
Discover a promising investment opportunity with this property situated in the prime area of Rustenburg East. Ideally located near the Sibanye mine shafts, this property offers an excellent potential for rental income. Currently, the external rental units are already tenanted, generating a total income of R15,000 per month.
Inside, you'll find generously sized rooms that can comfortably accommodate all your appliances and furniture, ensuring a comfortable living space. The expansive yard offers ample space, perfect for additional rental units or future extensions, making it an ideal choice for investors looking to expand.
Convenience is key with this property, as it is situated close to schools, healthcare services, and the Sibanye mine shafts, offering easy access to essential amenities.
While the property requires some tender loving care and minor repairs, it represents a fantastic opportunity for both investors and families seeking a home with potential. Don’t miss out on this chance to secure a valuable asset in a sought-after location.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,900,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 48 listings in Rustenburg (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 11% below the median. Floor size is 32% smaller than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 18,651 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
48 similar listings
High similar-home inventory town-wide (Rustenburg)
Median time on market: 386 days
Some listings may be stale.
* 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
Oos Einde is a well-established residential suburb in Rustenburg, offering a mix of housing options and convenient access to local amenities, making it a desirable location for families and individuals alike.
* Distances and amenities are approximate.