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Castello, 7 Joubert, Piet Retief, Piet Retief, Mpumalanga
R 2 600 000
A rare investment opportunity awaits with this block of three generously sized duplex flats, each offering a practical and highly rentable layout. These units are ideal for investors looking to expand their portfolio with properties that promise reliable returns and long-term tenant appeal. Each duplex features three bedrooms upstairs, including a main bedroom with an ensuite bathroom fitted with a shower. A second bathroom with a bathtub, along with a separate guest toilet, ensures convenience for families and shared living arrangements—key elements that increase tenant desirability. The ground floor offers a spacious open-plan kitchen and living area, creating a versatile space suited for a wide range of tenants. Each unit also includes a garage with direct access into the home, adding additional safety, convenience, and rental value. While the flats may require some renovations, this presents an excellent chance for an investor to upgrade and immediately increase the property’s market value and rental income. With strong demand for well-located, spacious rental homes, these units offer solid long-term growth and consistent occupancy.
Estimated monthly repayment
R 24 553
on a R 2 340 000 bond over 20 years at 11.25%
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Castello, 7 Joubert, Piet Retief, Piet Retief, Mpumalanga
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Nkosinathi Le Roux
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