R 1 200 000 | 3 bed property for sale in springs central

Property Description

Lucrative 3-Bedroom House with 5 Flatlets and Garage A Smart Investment Opportunity! This impressive 3-bedroom house with 5 flatlets and a garage is a smart investment opportunity for anyone looking to generate rental income. With its strategic location close to schools, colleges, firms, main roads, parks, and shopping centers, this property is perfectly positioned to attract a high demand for rentals. *Property Features:* - *3 Bedrooms:* Main house with 3 spacious bedrooms. - *5 Flatlets:* 2 smaller flatlets renting for R1100 each, and 3 larger flatlets renting for R1500 each. - *Garage:* Spacious garage renting for R2000. - *Own Meter Boxes:* Each room and the garage has its own meter box, allowing tenants to manage their own utility usage and expenses. *Rental Income Potential:* - *Flatlets:* 2 x R1100 = R2200, 3 x R1500 = R4500. Total rental income from flatlets: R6700. - *Garage:* R2000. - *Total Rental Income:* R8700 per month. *Location Advantages:* - *Close to Schools and Colleges:* Perfect for students and young professionals. - *Near Firms:* Convenient for working professionals. - *Main Road:* Easy access to public transportation and other amenities. - *Park:* Nearby park provides a peaceful retreat for residents. - *Shopping Centre:* Convenient access to shopping and dining options. *Don't Miss Out!* This lucrative property won't last long on the market. Contact us today to schedule a viewing and capitalize on this smart investment opportunity!


Property Details

Purchase Price R 1 200 000

Type of PropertyHouse

Last Updated27 Jan 2026

Rooms

Bedrooms3

Bathrooms2

External Features

Garages1

Property Location

Similar Property in nearby suburbs

Agent

Lawrence mathwane

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