8 Bedroom House in Secunda

Property Description

Category: Multi-Dwelling Investment Property / Residential Income Property

This versatile investment property offers multiple income-generating opportunities with a total of five dwellings on one erf. Ideally suited for investors or extended families seeking both space and return, the property combines comfortable living with solid rental potential.

Main House

3 Bedrooms

2 Bathrooms

Spacious Lounge and Kitchen

Carport for 2 Cars

Current Rental Income: R8,250 per month

Notes:

Building plans available (not updated)

Excellent potential to convert the main house into smaller rental units for increased income

Flat 1 Two-Bedroom Unit

2 Bedrooms

1 Bathroom

Open-Plan Kitchen and Lounge

Split Electricity Meter

Rental Income: R6,900 per month

Flat 2 One-Bedroom Unit

1 Bedroom

1 Bathroom

Open-Plan Kitchen and Lounge

Potential Rental Income: R5,900 per month

2 x Bachelor Units

Each includes a private kitchenette

Combined Rental Income: R3,300 per month

Additional Features

Private gardens for all units except the bachelor flats

Ample parking space

Secure and well-maintained environment

Flexible configuration for investors wanting to maximize rental yield

Financial Snapshot

Total Current Income: R8,250 + R6,900 + R3,300 = R18,450 per month

Potential Income (including 1-bedroom flat): R24,350 per month

Contact Information

For more information, viewing arrangements, or updated building plans, please contact the appointed agents.