R5,390,000

R5,390,000

5 Bedroom House For Sale in Evander
5
Bedrooms
3
Bathrooms
2
Garages

Ultimate Income Generator – 20-Unit Property with Commercial Potential!

Web Ref. CPRT-10729
Land size 2299.00 m²
Monthly Bond Repayment
R52,910.57
FOR SALE: The Ultimate Income Generator – 20-Unit Property with Commercial Potential!
Property Overview
Calling all visionary investors and innovative entrepreneurs! This is a rare, high-yield investment opportunity located on a prime, large corner stand in a highly sought-after area. Boasting a massive total of 20 income-producing units, alongside fantastic commercial and community facilities, this property is a cash-flow powerhouse. With the right entrepreneurial vision, the rental income here has the potential to repay a bank loan in a remarkably short period of time.

This is an absolute must-see opportunity you will not regret adding to your portfolio!

The Main Residence
At the heart of the property is a substantial and comfortable main house, perfect for an owner-manager or to be rented out as a premium unit:

Accommodation: 5 spacious bedrooms and 3 well-appointed bathrooms.

Living Spaces: A massive open-plan kitchen and living area designed for easy flow and comfort.

Practicality: The kitchen includes a dedicated, separate laundry area to keep things neat and organized.

The Income Generators: 20 Units!
The remainder of this expansive property has been cleverly divided into a highly profitable mix of flats and individual rooms, bringing the total to 20 letting units. With varying rental rates, this setup caters to a wide demographic of tenants, ensuring high occupancy and a phenomenal monthly return on investment.

Unique Commercial & Community Features
What truly sets this property apart is its mixed-use potential:

The Canteen: Features a fully operational canteen with a sit-down facility, perfect for catering to your tenants or the surrounding community.

The School: Includes a dedicated small school facility with the capacity to comfortably accommodate up to 40 children—an incredible community asset or additional income stream.

Prime, Strategic Location
Location is everything in property investment, and this one hits the mark perfectly. Situated on a sprawling corner stand, the property is located directly in the vicinity of the State Hospital (making it the ultimate accommodation solution for medical staff and nurses) and is just a stone's throw from major supermarkets and essential amenities.

Get it Listed, Get it Seen, Get it Sold, Get it done right, Get it done with Chas Everitt and Stoffel Strydom!
Opportunities with this level of immediate ROI and expansion potential are exceedingly rare.

Contact Stoffel today (Phone or WhatsApp) to arrange a private viewing and discuss the financials of this cash-cow property.
Monthly Rates R2,500

Features

Interior
5 Bedrooms
3 Bathrooms
1 Lounge
1 Dining Room
Exterior
2 Garages
6 Parkings (Shade Net Covered Parking)
20 Flatlets
Sizes
Land Size 2,299 m²
Additional Amenities
Built in Wardrobes
Satellite
Built In Braai
Pre Paid Electricity
Listing Info
Date Listed 30-03-26
Stoffel Strydom
Stoffel Strydom Qualified Property Practitioner

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.