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Secunda, Secunda, Secunda, Mpumalanga
R 1 920 000
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.
Estimated monthly repayment
R 18 131
on a R 1 728 000 bond over 20 years at 11.25%
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Secunda, Secunda, Secunda, Mpumalanga
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Liivra AI market value
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