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Freemanville, Freemanville, Klerksdorp, North West
R 795 000
This well-located investment property in Freemanville is conveniently situated just around the corner from Meriringspark Primary School and close to all essential local amenities. Offering exceptional income potential, this property is a true money-making gem, generating a total rental income of up to R14,500 per month — an excellent return on investment. The property consists of a 4-bedroom, 1-bathroom main house, a 1-bedroom flatlet, and an additional bachelor’s flatlet, making it ideal for multi-tenant living. Main House: The main house features its own private garden and veranda, creating a comfortable and inviting living space. Inside, you’ll find a cozy lounge with a fireplace, a separate TV room, and a spacious kitchen fitted with ample built-in cupboards, a scullery, and a gas stove. The home offers four well-sized bedrooms with built-in cupboards, and one bathroom. >> Current rental income: R6,500 per month. 1-Bedroom Flatlet: The 1-bedroom flatlet boasts a spacious open-plan lounge and dining area, a kitchen with built-in cupboards, and a large bedroom with an en-suite shower. An additional bathroom with a shower adds extra convenience. >> The owner currently occupies this unit, but it has the potential to generate R4,500 per month. Bachelor’s Flatlet: The bachelor’s flatlet includes a kitchenette, an open-plan living and sleeping area, and one bathroom. >> Current rental income: R3,500 per month. Additional Features: - Separate municipal prepaid electricity meters for the house and flatlets - 5kW inverter system with 6 solar panels, ideal for uninterrupted power during load shedding and controllable via mobile device - Borehole and Hunter irrigation system, both saving on water costs and controllable via mobile device - Ample carport parking for all tenants - Fenced swimming pool and Lapa with braai area Secure property with burglar bars and safety gates. This property truly ticks all the boxes for a solid, low-maintenance investment with excellent income potential. Contact Theuns at Property Info today to arrange your private viewing!
Estimated monthly repayment
R 7 507
on a R 715 500 bond over 20 years at 11.25%
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Freemanville, Freemanville, Klerksdorp, North West
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
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