Income-Generating Smallholding Close to White River & KMIA
This 1.88-hectare ( 2 title deeds) smallholding offers an excellent opportunity for an investor, extended family, or buyer looking for a property with an established rental income.
The property consists of five separate homes. Three are currently rented, generating a combined rental income of R28,500 per month, while the remaining two are currently vacant and being marketed for rental. Once all five homes are occupied, the estimated combined rental income is approximately R46,000 per month.
Each home has its own prepaid electricity meter and gas stove, making the property practical and easy to manage. Electrical fence and gate motor for main gate.
The homes share a well-maintained swimming pool, perfect for enjoying the Lowveld climate, while the property has its own borehole water supply.
The accommodation includes:
Main House
4 bedrooms
3 bathrooms
Kitchen
Open-plan lounge and dining area
Indoor braai area
Single garage and carport
House 2
4 bedrooms
2 bathrooms
Kitchen
Lounge / open-plan
Double carport
House 3
4 bedrooms
2 bathrooms
Kitchen
Lounge and dining area
House 4
2 bedrooms
1 bathroom
Lounge/open plan
Double carport
House 5
2 bedrooms
1 bathroom
Lounge
Single carport
With its size, multiple dwellings and established rental income, this property offers several possibilities - continue with the existing rental setup, live in one of the homes and rent out the others, or accommodate an extended family.
Conveniently located close to Kruger Mpumalanga International Airport and White River, this is a property with genuine income-producing potential and plenty of space.
Contact me today to arrange a viewing.
First Realty Nelspruit (Pty) Ltd T/A Chas Everitt Nelspruit / Lowveld is a Franchise of the Chas Everitt International Property Group.
Operating a trust account.
Holds a business FFC. Registered with the PPRA.
Non-Principal member registered with the PPRA Luiza Ferreira FFC202635036420000
1 Drakensberg street
White River, 1240
The property consists of five separate homes. Three are currently rented, generating a combined rental income of R28,500 per month, while the remaining two are currently vacant and being marketed for rental. Once all five homes are occupied, the estimated combined rental income is approximately R46,000 per month.
Each home has its own prepaid electricity meter and gas stove, making the property practical and easy to manage. Electrical fence and gate motor for main gate.
The homes share a well-maintained swimming pool, perfect for enjoying the Lowveld climate, while the property has its own borehole water supply.
The accommodation includes:
Main House
4 bedrooms
3 bathrooms
Kitchen
Open-plan lounge and dining area
Indoor braai area
Single garage and carport
House 2
4 bedrooms
2 bathrooms
Kitchen
Lounge / open-plan
Double carport
House 3
4 bedrooms
2 bathrooms
Kitchen
Lounge and dining area
House 4
2 bedrooms
1 bathroom
Lounge/open plan
Double carport
House 5
2 bedrooms
1 bathroom
Lounge
Single carport
With its size, multiple dwellings and established rental income, this property offers several possibilities - continue with the existing rental setup, live in one of the homes and rent out the others, or accommodate an extended family.
Conveniently located close to Kruger Mpumalanga International Airport and White River, this is a property with genuine income-producing potential and plenty of space.
Contact me today to arrange a viewing.
First Realty Nelspruit (Pty) Ltd T/A Chas Everitt Nelspruit / Lowveld is a Franchise of the Chas Everitt International Property Group.
Operating a trust account.
Holds a business FFC. Registered with the PPRA.
Non-Principal member registered with the PPRA Luiza Ferreira FFC202635036420000
1 Drakensberg street
White River, 1240
Monthly Rates
R2,513
Features
Zoning
Interior
Sizes
Parking Bays
Additional Amenities
Listing Info
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Luiza Ferreira
Qualified Property Practitioner
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
