Reliable passive income for busy investors — 20 fully rented flats generating R70,000/month in a high-demand location, just 1km from public transport, Home Affairs and Spar.
Fully Tenanted Block of Flats in High-Demand Area!
Unlock a golden opportunity with this block of 20 fully rented flats, generating a robust R70,000 monthly rental income!
Nestled in a bustling, high-demand area, this property guarantees a steady stream of tenants, as the location is a magnet for renters seeking convenience and connectivity.
Located just within a 1km radius from public transport, Home Affairs, and a Spar, this prime spot ensures tenants have everything they need at their fingertips. With a constant influx of prospective renters, you’ll never struggle to keep these flats occupied.
Valued at R6,756,000, this property is priced below market value, offering exceptional value for savvy investors looking to secure a high-yield asset in a thriving area.
Don’t miss out on this rare chance to own a cash-flowing gem in a location where demand never fades!
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R5,100,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 69 listings in Brakpan (town)
Insight
Priced above the median for similar properties in the area.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Market depth
69 similar listings
High similar-home inventory town-wide (Brakpan)
Median time on market: 194 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
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Brakpan Central offers an affordable, centrally located urban lifestyle with easy access to essential amenities and major transport routes, making it a practical choice for families and working professionals.
* Distances and amenities are approximate.