House for sale in Pioneer Park

Fantastic Investment Opportunity – Three Income-Generating Flats Plus Extra Land
Exclusive Mandate!!
This large, versatile property is split into three income-producing flats, each with its own private entrance, carport, and garden space — making it an exceptional investment with stable, long-term tenants already in place.
Flat 1 offers two bedrooms and two bathrooms, providing wonderful space and comfort. Flat 2 includes two bedrooms and one bathroom, while the third unit is a spacious bachelor flat featuring a kitchenette, bathroom, and living area. All units are finished with contemporary touches and each is fitted with its own prepaid electricity meter, ensuring easy management and cost control.
In addition to the three dwellings, the property includes a separate piece of undeveloped land, offering exciting potential for expansion or future projects.
Currently generating an estimated R13 000 per month in rental income from long-standing, reliable tenants, this property is a must-see for savvy investors looking for a strong return and room for future growth.
Key features
- 3x Flats
- All open plan living
- Each unit with it's own garage
- Generating good rental income
- Additional piece of land yet to be developed
Listing details
Rooms
- 5 Bedrooms
- Main Bedroom
- Main bedroom with built-in cupboards and tiled floors
- Bedroom 2
- Bedroom with built-in cupboards and tiled floors
- Bedroom 3
- Bedroom with built-in cupboards and tiled floors
- Bedroom 4
- Bedroom with built-in cupboards and tiled floors
- Bedroom 5
- Bedroom with tiled floors
- 1 Bathroom
- Bathroom
- Bathroom with basin, bath, shower, tiled floors and toilet
- Other rooms
- Kitchen
- Kitchen with granite tops, melamine finishes and tiled floors
