7 Bedroom House

Meiringspark, Klerksdorp· Listing #153

R1,475,000

7 Beds
3 Baths
4 Garages
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About This Property

There is no better investment property than this one in Meiringspark. It is meticulously maintained and managed with utmost care, making it the ideal investment property! The property offers 3 Townhouses: 2 with 2 bedrooms and 1 with 3 bedrooms. Each townhouse offers a tiled open plan lounge with kitchen. The kitchen has ample built-in cupboards, scullery and stove in place. Note there is an additional laundry room. The tiled bedrooms with built in cupboards. 1 full bathroom. Each of the townhouses also have their super spacious garage with an additional carport area at no. 3 Private courtyard. The property is Res 2 zoned with additional plans for another 3 units perfect to continue the well-oiled money-making machine! The approved building plans are included in the sale. The rental income is phenomenal! Income earning potential is over R18 500 per month! The tenants enjoy their own municipal prepaid meters and water meters eliminating any confusion on who is responsible for what usage. The garden is super neat and well taken care of with a Borehole that is in place a Bargain for sure! Safe and secure complex with burglar bars, safety gates, access-controlled gate in front with intercom and electric fencing right around. Outbuildings include a massive store room for all the extra gardening equipment and more. Staff bathroom. This property is truly in its own league generating great income. Note: only pre-approved buyers will be allowed to view the property. Contact the agent to arrange a private viewing!

Features

Pet friendlyAccess gateKitchenGardenIntercomElectric fencingWater included

Property Overview

Listing

Listing Number#153
Property TypeHouse
Listing TypeFor Sale
Date Listed15 August 2024

Rooms

Bedrooms7
Bathrooms3
Garages4

Costs

Rates & TaxesR1,140 / month

Bond Repayment Calculator

Estimate only — actual bond approval and rate depend on your bank and credit profile.

Loan AmountR1,327,500
Est. Monthly RepaymentR14,386 / month
Total Repaid Over 20 YearsR3,452,691
Suggested Min. Gross IncomeR47,954 / month

Interested in this property?

Send an enquiry below, or speak to our team directly — quote listing #153.

Theuns van Schalkwyk

Theuns van Schalkwyk