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VEREENIGING INVESTMENT PROPERTY

FULLY TENANTED, HIGH YIELDING RESIDENTIAL COMPLEX IN VEREENIGING FOR SALE ON AUCTION

DESCRIPTION:

ON AUCTION 25 MARCH 2026 - FULLY TENANTED, HIGH YIELDING RESIDENTIAL COMPLEX

The subject property is situated at 28 Jansen Street, Peacehaven, Vereeniging and comprises a well-maintained double-storey building with a gross lettable area of approximately 1,120 m² on an erf of 1,095 m². The property accommodates 14 fully tenanted units, generating a gross annual income of approximately R590,000, reflecting a stable and secure income stream and positioning the asset as a strong income-producing investment.

Vereeniging is a well-established urban centre in southern Gauteng, forming part of the greater Vaal Triangle, with strong residential demand driven by local industry, commerce, and connectivity to surrounding nodes such as Vanderbijlpark and Meyerton. The area offers good access to major transport routes, public transport, schools, retail centres, medical facilities, and everyday amenities, making it attractive to long-term residential tenants. Peacehaven is a settled residential suburb that benefits from proximity to local shops, schools, places of worship, and employment nodes, supporting consistent rental demand and tenant retention, and enhancing the property’s long-term investment appeal.

KEY FEATURES:
- 14 FULLY TENANTED UNITS
- GAI: R590 000.00
- ERF: 1095 SQM
- GLA:+-1120 SQM

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