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Jackaroo Park, Jackaroo Park, Witbank, Mpumalanga
R 970 000
Selling Price: R970,000 Main House: * 2 spacious en-suite bedrooms, both currently utilized as rental rooms * Open-plan kitchen and living area shared by the two rental rooms * Large, covered veranda with its own separate entrance from the backyard * Veranda can easily be converted into 2 additional rental rooms, creating even greater income potential * Double carport Outside Flats: Flat 1 * 1 Bedroom * Kitchen * Private bathroom * Current rental income: R3,500 per month Flat 2 * 1 Bedroom * Kitchen * Living area * Private bathroom * Current rental income: R3,500 per month Current Rental Income: * Rental Room 1: R2,000 per month * Rental Room 2: R3,200 per month * Flat 1: R3,500 per month * Flat 2: R3,500 per month Current Total Monthly Rental Income: R12,200 Stand & Additional Features: * Generous 1,566m² stand * Ample space for future extensions or additional rental units * 2 JoJo water tanks for reliable water backup * Solar-assisted geysers * Excellent potential to increase rental income through further development Conveniently located in the high-demand rental area of Jackaroo Park, the property offers quick access to the R555 route towards Middelburg and is close to shopping centers, filling stations, schools, the CBD, and other essential amenities.
Estimated monthly repayment
R 9 160
on a R 873 000 bond over 20 years at 11.25%
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Jackaroo Park, Jackaroo Park, Witbank, Mpumalanga
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Karabo Masilela
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