Multi-Unit Property Investment Opportunity
updated on May 02, 2025
R 2 000 000

WEB REF: 740447

Property Summary
  • Selling Price R 2 000 000
  • Property Type House
  • Erf Size 770 m2
  • Rates & Taxes R1650.00


  • Baths 7
Description

Multi-Unit Property Investment Opportunity This well-maintained property features a main house with 2 bedrooms, a lounge, kitchen, and bathroom, plus 7 rental units and 3 single garages, offering excellent rental income potential. Main House: 2 Bedrooms | Lounge | Kitchen | Bathroom Unit 1: 2 Bed | 1 Bath | Open-plan Kitchen & Lounge – R5,500 (incl. water & lights) Unit 2: 2 Bed | 1 Bath | Open-plan Kitchen & Lounge – R5,500 Unit 3: 2 Bed | 1 Bath | Kitchen/Dining Area – R4,500 Unit 4: 1 Bed | 1 Bath | Kitchen/Dining Area – R3,200 Unit 5: 1 Bed | 1 Bath | Kitchen/Dining Area – R3,200 Unit 6: 2 Bed | 1 Bath | Separate Kitchen & Separate Lounge – R6,000 Each Garage: R500/month rental Total of 7 units plus garages make this property a high-return investment with immediate rental income. Perfect for property investors or extended family living.

Additional Features
      Property Address

      Palm Ridge, Alberton, Gauteng

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