6 Bedroom House in Geduld
Apartment Block For Sale in Geduld, Springs
INCOME-GENERATING INVESTMENT PROPERTY | 6 RENTAL ROOMS | R24,000 MONTHLY INCOME
An excellent investment opportunity for investors looking to secure a rental property with established tenants and consistent monthly income.
The property comprises 6 rental rooms and currently generates approximately R24,000 per month in rental income, offering an attractive opportunity for an investor seeking immediate cash flow.
One of the propertys key advantages is its established tenant base, with tenants having resided at the property for between 5 and 20 years. This reflects long-standing occupancy and provides an existing rental income stream for the new owner.
While the property would benefit from some renovation and improvement work, this presents an opportunity for the astute investor to add value, improve the overall condition and potentially increase future rental returns.
Investment Highlights:
- Asking price: R999,000
- Six rental rooms
- Current rental income: R24,000 per month
- Annual rental income: R288,000
- Established, long-term tenants
- Opportunity to renovate and add value
- Immediate income-generating potential
A worthwhile opportunity for investors looking to acquire an established rental property, generate income from day one and unlock additional value through strategic improvements.
INCOME-GENERATING INVESTMENT PROPERTY | 6 RENTAL ROOMS | R24,000 MONTHLY INCOME
Asking Price: R999,000
An excellent investment opportunity for investors looking to secure a rental property with established tenants and consistent monthly income.
The property comprises 6 rental rooms and currently generates approximately R24,000 per month in rental income, offering an attractive opportunity for an investor seeking immediate cash flow.
One of the propertys key advantages is its established tenant base, with tenants having resided at the property for between 5 and 20 years. This reflects long-standing occupancy and provides an existing rental income stream for the new owner.
While the property would benefit from some renovation and improvement work, this presents an opportunity for the astute investor to add value, improve the overall condition and potentially increase future rental returns.
Investment Highlights:
- Asking price: R999,000
- Six rental rooms
- Current rental income: R24,000 per month
- Annual rental income: R288,000
- Established, long-term tenants
- Opportunity to renovate and add value
- Immediate income-generating potential
A worthwhile opportunity for investors looking to acquire an established rental property, generate income from day one and unlock additional value through strategic improvements.
Disclaimer: Some images may have been edited for illustrative purposes. Viewings must be arranged in advance, as the property is multi-tenanted and access to all units cannot be guaranteed.
Property details
- Listing number T5668329
- Property type House
- Listing date 26 Oct 2026
- Land size 746 m²
- Rates and taxes R 1 000
Property features
- Bedrooms 6
- Bathrooms 6
- Open parking 2
- Storeys 1
- Pet friendly
- Balcony