5 Bedroom House in Evander

Exceptional Income-Generating Investment Opportunity

Situated on a prime corner stand just a stones throw from Evander town, this property presents an outstanding investment opportunity with multiple income-generating units.

The property is currently generating a gross monthly rental income of approximately R35,500, with potential to increase rental returns in line with current market rates.

Main House Communal Accommodation

Originally a 3-bedroom home with built-in cupboards.

Lounge and dining room have been converted into 2 additional bedrooms, creating a total of 5 bedrooms.

Shared kitchen.

1.5 shared bathrooms.

Additional Accommodation

4 Two-Bedroom Flats

Two bedrooms with built-in wardrobes.

En-suite bathroom.

Modern open-plan kitchen and lounge.

Quality fitted kitchen cupboards.

1 Bachelor Flat

Open-plan bedroom, lounge and kitchen.

En-suite bathroom.

Modern finishes.

Additional Features

Prepaid electricity meters for every unit.

Reliable tenants already in place.

Ample open parking.

Extra space with future development potential.

Security

Fully walled property.

Security gate.

Investment Potential

The property is in the process of rezoning for commercial use, offering even greater long-term value. Located close to major industrial employers, it is ideally positioned to benefit from the strong demand for rental accommodation in the area.

Dont miss this rare opportunity to secure a high-yield investment property in Evander.

Contact the Agent today to arrange a viewing.