Magnificent Investment Opportunity in a Prime Location
Welcome to an exceptional investment opportunity in the sought-after Vanderbijlpark SW5!
This pristine, income-generating property not only promises an outstanding living experience for a large family but also serves as a lucrative venture for the discerning investor.
Property Overview
Spanning an impressive 2000m2 and zoned Residential 1, this property includes a main house and three fully furnished flats with private access. With the flats that are being leased to corporate tenants, a rental income ranging from R30,000 to R50,000 per month, and rising demand for quality multi-let investments in the Vaal, this is truly a rare find.
Main Home features
- 4 airy bedrooms and 3.5 bathrooms
- Study - perfect for remote work
- Expansive lounge and dining area with high ceilings for an airy, luxurious atmosphere
- Gourmet Kitchen that features granite countertops for a premium cooking experience
- Aluminium doors and windows with trellis security
- 15kW solar system to eliminate reliance on Eskom and fibre internet
- Irrigation system and a water tank with a pressure pump
- Double automated garage
- Alarm system
- Immaculately landscaped garden and staff quarters with a toilet
Income-generating Flats
- One-Bedroom Flat that includes a lounge, granite top kitchen and bathroom
- Two x Two-Bedroom Flats, each featuring an open-plan granite top kitchen and bathroom
- Tiled throughout and fully furnished
- Double carports for each flat
- Separate entrance assuring privacy and no disruption to the main house
- Ideal for Corporate Rentals - Lease rates range from R8,000 - R10,000 per month for the one-bedroom unit and R12,000 - R15,000 per month for each two-bedroom unit
Financial Benefits
At current rental rates, the income from the flats alone can cover up to 90% of your bond on the full purchase price. Including rental income from the main house (approximately R18,000 to R20,000 per month), you could potentially achieve a complete payoff in under eight years without any additional capital outlay. This property is not just real estate; it’s a strategic wealth-building opportunity.
Investor Dream Stats
- Earn a passive income of approximately R40,000 per month from the flats
- If renting out the main house, an additional potential income of +/- R18,000 to R20,000 per month
- All improvements are on approved municipal plans
- Registered as a company - purchase as a going concern with no transfer duty if bought within the entity
With its strategic location and ideally positioned for quick access to Vanderbijlpark, Vereeniging and Meyerton, this property suits commuting professionals, multigenerational families, or serious investors seeking premium returns. A compelling investment opportunity with a clear upside.
Financial figures are based market-related estimates. Prospective buyers are encouraged to conduct an independent due diligence.
Live in style, invest with confidence - this home offers both luxury living and solid returns. Embark on this unique investment journey today and secure a promising future with this remarkable property!
Contact Ronell for a private viewing and turn this into your niftiest investment ever!
