House for sale in Vereeniging Central

A proven income generator – r13,000 per month, with room to grow. Located on Victoria Street in Vereeniging, this spacious 991m² property has been cleverly subdivided into 10 rental rooms, currently producing a steady R13,000 in monthly income. Priced at R980,000, it offers a rare combination of immediate cash flow and future expansion potential. What You're Buying: 10 Subdivided Rooms: A ready-made rental business. Each room contributes to a reliable monthly income stream – ideal for covering bond repayments and generating profit. Spacious Yard for Parking: Tenants and visitors have ample space – a valuable feature that attracts long-term renters. Extra Space for Expansion: The yard still has room to add more rooms, increasing your total rental income (STPP). Secured Gate: Controlled access adds safety and peace of mind for both owner and tenants. Why This Property Works: Solid Yield: At R13,000/month, the gross annual income is R156,000 – a strong return on a R980k investment. Low Vacancy Risk: High demand for affordable rental rooms in Vereeniging means consistent occupancy. Perfect For: Investors looking for a turnkey rental portfolio. Buyers who want their property to pay for itself. Expanding Landlords seeking to add a high-yield asset. This is not just a house; it's a business. Schedule your viewing today and run the numbers for yourself. Contact me for a confidential discussion and to walk the property.