Investment Property For Sale Multi-Unit Income Generator

  • R1,550,000
Primrose, Ekurhuleni Ward 21, City of Ekurhuleni Metropolitan Municipality, Gauteng, 1416, South Africa
House Reduced
Primrose, Ekurhuleni Ward 21, City of Ekurhuleni Metropolitan Municipality, Gauteng, 1416, South Africa
  • R1,550,000

Overview

Property ID: ANTPROP24428
  • House
  • Property Type
  • 3
  • Bedrooms
  • 1
  • Bathroom
  • 991

Description

This solid investment opportunity offers a total of 7 income-generating units, all on approved plans, with prepaid electricity meters and ample parking space.

Property Features:

Main House

3 Bedrooms

1 Full Bathroom (bath, shower & basin)

Currently sub-divided into 4 rooms, each renting at R2,000 per month = R8,000 total

6 x One-Bedroom Units

Each unit includes: Lounge, kitchen space & bathroom

Rental income: R3,500 per unit = R21,000 total

Monthly Rental Income: R29,000

Rates & Taxes: R885 per month

All units equipped with prepaid electricity meters

Lots of secure parking space

Strong rental demand in the area

This property is a perfect cash-flow investment, offering excellent returns with a strong monthly rental income stream.

  • Address Primrose, Ekurhuleni Ward 21, City of Ekurhuleni Metropolitan Municipality, Gauteng, 1416, South Africa
  • City Primrose
  • State/county City of Ekurhuleni Metropolitan Municipality
  • Zip/Postal Code 1416
  • Area Primrose
  • Country South Africa

Details

Updated on Aug 26, 2025 at 4:10 pm
  • Property ID: ANTPROP24428
  • Price: R1,550,000
  • Property Size: 991 m²
  • Bedrooms: 3
  • Bathroom: 1
  • Property Type: House
  • Property Status: House
  • Garage Feature: Secured Parking

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