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R3,150,000
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8 Bedroom House For Sale in Nelspruit Ext 2
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Investment Property with Five Income-Generating Rental Units | 2,066m² Stand | Nelspruit Ext 2
Positioned in one of Nelspruit Ext 2's most established residential areas, this income-generating investment property offers an exceptional opportunity for investors, developers and buyers looking to expand their property portfolio in Mbombela.
Set on a generous 2,066m² stand with approximately 477m² under roof, the property comprises five fully tenanted rental units, currently generating a gross rental income of approximately R30,000 per month before expenses. All lease agreements remain active, with tenants indicating their intention to continue renting, providing immediate income from date of transfer.
The property offers communal facilities including a swimming pool, ample covered and open parking, fibre internet availability, municipal water, conventional electricity, double gated access and a fully fenced perimeter.
Located within minutes of Matumi Valley, Matumi Retail Centre, Valley Hyper, SPAR Orchards, Valencia Wholesalers, Mbombela Golf Club, the Nelspruit Industrial Area, University of Mpumalanga, TUT Mbombela Campus, Ehlanzeni TVET College and within walking distance of Citrus Research International, this property enjoys excellent access to employment, education and retail hubs.
The stand offers future development appeal. A professional town planner has confirmed that a 1.0 FAR allows for potential development up to approximately 2,066m² of floor area, subject to the applicable municipal approvals and planning requirements.
Important: The property is currently zoned Residential, and purchasers are responsible for satisfying themselves regarding zoning, building plan approvals, municipal compliance and any future development applications.
Whether you are looking for an investment property in Nelspruit, a rental portfolio, student accommodation opportunity, contractor accommodation, guest house conversion or a property with long-term development potential, this is a rare opportunity in a sought-after location.
Contact Basie Botha Properties today to arrange your private viewing.
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The 'market' is not kind
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What “Imputed Equity” Really Means — And Why Price Is Still KingIn tougher markets, homeowners often cling to the idea of imputed equity — the belief that even if a property sells for less today, its “true value” hasn’t really changed. It’s a comforting thought, but it’s not how markets work.Property is worth what a...
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Published 21 Oct 2025
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Knowing When to Continue — and When to Walk Away
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Knowing When to Continue — and When to Walk Away: Lessons from a Lifetime in Real EstateFrom the desks of Basie & Erica Botha, Basie Botha Properties — established October 998.In real estate, you don’t survive three decades by luck — you survive by grit. At Basie Botha Properties we’ve seen it all since our start in...
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Published 20 Oct 2025
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| R2,250,000 |
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| 3 Bedroom House Sold in Stonehenge |
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3 Bedroom House for Sale in Silbury Hill Estate, Stonehenge, Mbombela Exclusive Mandate Secure estate living, Lowveld views and surprisingly low monthly...
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| Web Ref RL732 |
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