8 Bedroom House in Secunda

Multi-Unit Investment Property Great Rental Income Potential! This property offers five well-maintained rental units, each with its own private yard and covered parking. Ideal for investors looking for strong returns and multiple income streams.Unit 1:3 Bedrooms2 BathroomsSpacious living areaKitchenDouble carportCurrent rent: R7,500 increasing to R8,250Electricity is now on split meteringUnit 2:2 Bedrooms1 BathroomOpen-plan living area and kitchenRecently renovated insideRent: R6,900Electricity now on split meteringUnit 3:1 Bedroom1 BathroomOpen-plan living area and kitchenMaintenance just completed previous tenant recently moved out.Rent achieved: R5,900Own prepaid electricity meterUnits 4 & 5:Bachelor flats with private bathroomsCompact kitchenetteRent per unit: R3,300Shared prepaid electricity meterAdditional Features:6 CarportsEach unit has its own yardWater meters still to be installed currently, the owner pays around R2,500month for municipal services, rates, and taxes.Investment Highlights:Excellent rental income across multiple unitsLow owner expenses once individual water meters are addedThe 3-bedroom unit can easily be converted into a 1-bedroom and a 2-bedroom unit for increased flexibility and income potential.Building plans will not be updated due to the number of existing units.s Show more Show less