10 Bed House in Vaalpark

Property with Multiple Units

Prime Investment Opportunity with Multiple Rental Units

This property is an ideal investment opportunity, featuring 5 rentable units across 3 freestanding buildings. The property is equipped with 3-phase electricity and each unit has prepaid electricity and water meter. Zoned for Residential 2, the large stand offers space for developing 3 additional units. Current rental income stands at R23,000 per month, with enough parking available for each unit.

Property Features:

3-Phase Electricity

5 Rentable Units with prepaid and water meters

Zoned Residential 2 with space to develop 3 additional units.

Parking for each unit

Current Rental Income: R23,000

Breakdown of Units:

Unit A1:

The largest unit, tile roof, and plastered walls

Double garage and secure visitor parking

Fully fenced garden with outdoor braai

2 bedrooms with built-in cupboards

1 bathroom

Open-plan kitchen and living room

Additional recreation room (used as dining, living space, or extra bedroom)

Unit A2:

Tile roof and plastered walls

Fenced garden space

Double Carport

2 bedrooms

1 bathroom (shower and separate toilet)

Unit B:

Face brick with tile roof, freestanding

1 garage and tandem carport (fits 2 cars)

3 bedrooms (main with walk-in closet and one with built-in cupboards)

2 bathrooms (main en-suite)

Open-plan kitchen with oven and hob, separate scullery

Dining and living room with ceiling fans

Porch and outdoor braai

Enclosed small garden with palisade fencing

Unit C1:

Face brick with tile roof

Secured with burglar bars and security door

Carport and secure visitor parking

1 bedroom with built-in cupboards and en-suite bathroom

Open-plan kitchen and living room

Unit C2:

Face brick with tile roof

Enclosed with palisade fencing

Carport and secure visitor parking

2 bedrooms with built-in cupboards

1 bathroom

Open-plan kitchen and living room

This property offers a lucrative rental income with potential for further development. Dont miss this excellent opportunity to expand your property portfolio!