R 1 950 000
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4 Bedroom House in Secunda

4 3 3 1 007 m²

Exceptional Investment Opportunity: House with Flats for Sale in Prime Location

Exceptional INVESTMENT OPPORTUNITY: House with Flats for Sale in Prime Location in SECUNDA!

Discover a rare gem in a sought-after neighborhood, perfectly suited for savvy investors. This impressive property boasts a 2-bedroom house, two separate 1-bedroom apartments, and a spacious double garage, offering vast potential for rental income.

House with 3 flats - or a 4 bedroom house with 2 flats and double garage.

Currently used as 3 units- double garage and 3rd garage can be converted.

Property Features:

- 2-bedroom house with kitchen, lounge, and full bathroom

- Two separate 1-bedroom apartments, each with kitchen, lounge, and bathroom

- Spacious double garage with additional storage space

- Potential to convert an outside room into an additional flat

Rental Income:

- Existing rental income: approximately R20,000 per month

- Breakdown:

- 1 x 1-bedroom furnished flat with own entrance: R5,800 per month

- 1 x 1-bedroom flat with bath: R6,800 per month

- 2-bedroom house (unfurnished): R7,500 per month

Tenancy:

- Long-standing tenants, providing a stable rental income stream

Development Potential:

- Approval for development of 3 x double-story units on the stand

- Opportunity to increase rental income and property value

Don''t miss out on this exceptional investment opportunity! Contact us today to schedule a viewing and take the first step towards securing your financialfuture.

Property details

  • Listing number T5014296
  • Property type House
  • Listing date 22 Mar 2025
  • Land size 1 007 m²
  • Rates and taxes R 2 200

Property features

  • Bedrooms 4
  • Bathrooms 3
  • En-suite 1
  • Lounges 5
  • Garage parking 3
  • Pet friendly
  • Built in cupboards
  • Kitchen
  • Garden
  • Family TV room
  • Paving

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