R 1 050 000
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9 Bed House in Springfield

9 5 978 m² 120 m²

Snap up this superb investment opportunity

This massive house in the Springfield area has huge potential for investors.

The house is divided into 2 sections: a 5-bedroom section with its own entrance at the bottom and a 4-bedroom house with a separate entrance accessed at the top section.

Both sections will need some tender care in bathrooms and kitchens. The top section is already tenanted with a monthly income of R7000 pm. Not far from informal settlement but the income potential outweighs the negatives in the area.

The residential property is fully fenced, and part of the yard area is leased out to a local shop. There is also plenty of parking space inside the yard for up to 8 cars.

Look no further for a viable addition to your investment portfolio.

Property details

  • Listing number T4892636
  • Property type House
  • Listing date 5 Dec 2024
  • Land size 978 m²
  • Floor size 120 m²
  • Rates and taxes R 1 200

Property features

  • Bedrooms 9
  • Bathrooms 5
  • Lounges 2
  • Dining areas 1
  • Pet friendly
  • Balcony

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