13 Bedroom House for sale in Phalaborwa

Exceptional Investment Opportunity – High-Yield Property Near College This versatile property offers endless income-generating opportunities, perfectly positioned just ±800m from a FET College—ensuring consistent rental demand, especially from students and young professionals. Property Features Accommodation: 8 En-suite rooms (ideal for student or tenant rentals) 2 x 2-bedroom units (perfect for small families or shared living) Main House: 1 En-suite bedroom Open-plan lounge, dining, and kitchen area Additional Features: Front office space (ideal for admin or small business use) Entertainment bar area Braai area for social gatherings Storeroom Parking for up to 8 vehicles Fully walled property (all four sides) for enhanced security Financial Overview Monthly Income: R40,000 Monthly Expenses: R8,000 Net Monthly Income: R32,000 Annual Net Profit: R384,000 Investment Insight Estimated Property Value: R2,150,000 Estimated Yield: ±12.8% This represents a strong return on investment, making it an excellent addition to any property portfolio. Key Strengths Prime location near a college ? high and stable tenant demand Multiple income streams: En-suite rental rooms 2-bedroom units Ideal for: Student accommodation Long-term rentals Hybrid residential income model