4 Bedroom House in Villieria

Property for Sale in Villieria Large 1 276 m² Property with Multiple Rental Units and Strong Income Potential

This is a investment opportunity in a well-established part of Villieria. The property offers a spacious four-bedroom main house, two additional rental units, and a partially completed third unit that can be finished for increased returns. Ideal for investors, extended families or buyers wanting a property with strong income potential.

Main House Features, Four bedrooms, Large dining room, TVlounge area, Spacious kitchen with separate scullerywash-up area, Front patio with built-in braai, Two entrances, Two to three bathrooms, Good overall structural condition.

Attached Section with Loft

A generous extended section is built onto the main house and includes: Three bedrooms, Large open living area, A massive loft, Excellent potential for a second family dwelling or rental income.

Back Units Income Generating

Unit 1 Completed: Two bedrooms, Large living room, Kitchen, Bathroom, Loft space, Strong rental income already in place

Unit 2 Incomplete: Structure erected, not yet finished, Ideal for conversion into a full additional rental unit, Excellent opportunity to add immediate value

Important Notice

The two back units are not currently reflected on the approved building plans. A quotation for regularisation has been obtained and will be discussed with serious buyers. This allows the property to be purchased below its true market value.

Current Rental Income

The three occupied units bring in R23 000 per month.

A new owner may choose to:

keep tenants in place and continue with immediate income, or

give notice and restructure the property as desired.

Condition and Compliance

The property requires general cosmetic work

Electrical rewiring will be needed and will form part of the COC process, as required by South African law

Why This Property Stands Out

Large 1 276 m² stand

Multiple units with existing and future rental income

Spacious main house

Excellent location

Below-market selling price

Strong value-add potential

This property offers significant upside for an investor or a buyer with vision. With a bit of work and practical improvements, it becomes a high-yield asset in a sought-after Pretoria area.

Contact me today to arrange a viewing. Properties with this level of opportunity do not stay on the market for long.