18 Bedroom Property for Sale in Northam R7 700 000. 01 Aug 2025

Property features

R7 700 000
18 Bedrooms
16.0 Bathrooms
8 Living Room/s
Garage for 0 car/s
Outside Parking for 15 car/s
Rates R1000 pm
Staff Quarters
No Pets
Garden

Property Details

**Prime Investment Opportunity in Northam's Mining Belt** Discover a remarkable investment opportunity nestled in the heart of Northam, a vibrant town located within the renowned Mining belt area. This exceptional property is a true gem for serious investors, offering immense potential and versatility. The complex presents a unique opportunity to be transformed into a lucrative retirement village or any other cash flow business that promises substantial returns. Currently, the property comprises six two-bedroom houses and two three-bedroom houses, all occupied by reliable, paying tenants. This high-demand rental location, fueled by nearby mining companies, ensures a steady and attractive income stream for discerning investors. With a current rental yield of an impressive 75,000 from the eight houses, there is potential to enhance this figure through strategic agreements, maximizing your equity and return on investment. Additionally, the complex boasts ample space for the construction of an additional house, while still providing adequate parking facilities. The property's prime location offers the convenience of being within walking distance to Northam Town, where residents can enjoy a rich shopping experience with easy access to shops and businesses. This proximity makes the complex highly desirable for tenants seeking both comfort and convenience. All essential services are available on this property, ensuring a seamless transition for any new developments or enhancements you wish to pursue. As a savvy investor, seizing this opportunity quickly is paramount. This complex is not just an investment; it's a gateway to substantial financial growth and success. Don’t miss out on this unparalleled chance to secure a valuable asset in a thriving area. Contact us today to explore how you can make this investment work for you.