R 2 600 000
calculate bond costs
10 Bedroom House in Penina Park
10
9
1 206 m²
297 m²
RENTALOVERNIGHT ACCOMODATION BUSINESS OPPORTUNITY
Secure a property designed for sustainable rental income and long-term growth.
Established 10 rental apartments generating monthly income - Ideal for investors seeking passive income and capital growth.
Immediate rental income from day one.
Potential for further development and expansion - Additional space available to build more rental units and increase returns.
Has the potential to significantly contribute towards its own bond repayments if not bought cash.
Rezoning process in an advanced stage.
Strategic renovations, upgrades, or further development may substantially increase both the property''s market value and its maximum monthly rental income potential.
Property details
- Listing number T5529920
- Property type House
- Listing date 23 Jun 2026
- Land size 1 206 m²
- Floor size 297 m²
- Rates and taxes R 1 626
Property features
- Bedrooms 10
- Bathrooms 9