An exceptional investment opportunity awaits in the sought-after suburb of Penina Park.
Set on a spacious 1040sqm stand, this versatile property combines solid rental income potential with a layout that offers flexibility for further development or conversion.
The property currently comprises approximately 12 individual rooms, each tenanted and generating a consistent monthly income of around R20,000. This setup makes it ideal for the discerning investor seeking a steady return or a buyer looking to expand into the affordable housing or multi-let market.
With its prime location, easy access to main routes, and proximity to local amenities, the property appeals to a wide tenant base — ensuring low vacancy rates and sustainable demand.
Additional features include ample yard space for future extensions, secure parking, and existing services to accommodate multiple occupants.
Whether you’re looking to diversify your portfolio or enter the rental investment market, this property offers the best of both worlds — immediate income and long-term growth potential.
Make that call today and secure this income-generating asset!
