R 2 600 000
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10 Bedroom House in Penina Park

10 2 1 197 m² 297 m²

Investment Opportunity Prime Property with Huge Rental Potential

Set yourself up for financial freedom with this exceptional property! Originally a spacious 3-bedroom home featuring an ensuite, double garage, lounge, kitchen, and TV room, it has been expertly transformed into a 10-bedroom income-generating powerhouse.

Rental Income: Currently bringing in R25,000 per month

Rezoning in Progress: From Residential 1 to Residential 2 unlocking even more potential

Location: Walking distance to the CBD, close to major roads for easy access

Extras: Borehole already in place

Stand Size: Massive plot with room for further development

This property is a true money spinner, waiting for the right owner to maximize its potential. Whether youre looking to expand your rental portfolio or step into the world of property investment, this is your chance to secure a high-return asset in a prime location.

Property details

  • Listing number T5548467
  • Property type House
  • Listing date 10 Jul 2026
  • Land size 1 197 m²
  • Floor size 297 m²
  • Rates and taxes R 1 500

Property features

  • Bedrooms 10
  • Bathrooms 2
  • Guest toilet

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