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47 Michau Street, Verwoerdpark, Kimberley, Northern Cape
R 2 450 000
A fantastic opportunity for investors! This income-generating property comprises five flats with a total monthly rental income of R25,695. Each flat offers comfortable living with modern, open-plan designs and secure parking. Flat 1: 2 Bedrooms, 1 Bathroom Open-plan Lounge and Kitchen Double Carport and Spacious Garden Flat 2: 2 Bedrooms, 1 Bathroom Open-plan Lounge and Kitchen Single Carport Flat 3: 1 Bedroom, 1 Bathroom Open-plan Lounge and Kitchen Single Carport and Small Garden Flat 4: 1 Bedroom, 1 Bathroom Open-plan Lounge and Kitchen Single Carport and Small Garden Flat 5: 2 Bedrooms, 2 Bathrooms Open-plan Lounge and Dining Room Double Carport, Outside Braai Area, and Medium-sized Garden The property is securely fenced and fitted with electric fencing for added peace of mind. This is a solid investment offering consistent returns and excellent tenant appeal.
Estimated monthly repayment
R 23 136
on a R 2 205 000 bond over 20 years at 11.25%
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47 Michau Street, Verwoerdpark, Kimberley, Northern Cape
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Priced highPriced 75% above comparable 2-bed houses for sale in Verwoerdpark
Based on 19 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Pieter Nkosi
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