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Generate steady passive income from a cleverly subdivided multi-let in a well-connected neighborhood — private yard and covered parking. Four rentable rooms yield R7,400/month; two beds, one bath.
Discover a remarkable investment opportunity with this spacious multi-let apartment, expertly subdivided into four individual rooms. Currently generating an impressive rental income of R7,400 per month, this property offers a return that surpasses the monthly bond repayment, making it an ideal choice for those seeking passive income.
In addition to its financial benefits, this apartment boasts a private yard, providing a serene outdoor space for tenants to enjoy. Whether you're a seasoned investor or new to property investment, this apartment promises both immediate and long-term rewards.
Don't miss out on the chance to enhance your portfolio with this high-yielding asset. Contact us today to learn more about making this apartment your next successful investment.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R410,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 18 listings in Kempton Park AH
Insight
Priced close to the median for similar properties. On a price-per-m² basis, it is 35% below the median. Floor size is 63% larger than typical for similar homes.
Similar properties pricing
Market depth
18 similar listings
Medium similar-home inventory in Kempton Park AH
Median time on market: 41 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
Kempton Park AH offers a tranquil, spacious semi-rural lifestyle while maintaining convenient proximity to major industrial hubs, transport networks, and essential urban amenities.
* Distances and amenities are approximate.
