Connected urban living near shops and public transport, in a neat complex with communal garden and braai area. Cleverly partitioned for extra rooms; 1 bed, 1 bath.
This well-positioned 1.5-bedroom unit offers excellent upside for the savvy investor. Cleverly partitioned to create two additional bedrooms, the property is optimized to maximise rental returns and is currently generating R7 000 per month.
The unit features a spacious kitchen and a well-sized bathroom, suited for multi-tenant accommodation.
Water is bill and electricity is prepaid, ensuring efficient cost management and minimal disputes with tenants.
Set within a neat and intimate complex of only 36 units, the building is well-maintained and offers a lovely communal garden and braai area, enhancing tenant appeal.
Conveniently located close to major amenities, public transport, and shopping facilities, this property sits in a high-demand rental area, making it a strong cash-flow investment.
An ideal addition to any property portfolio. Contact us today to arrange a viewing.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R530,000
Price reduced by 4.7% to R505,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 16 listings in Arcadia
Insight
Priced close to the median for similar properties. On a price-per-m² basis, it is 5% below the median.
Similar properties pricing
Market depth
16 similar listings
Medium similar-home inventory in Arcadia
Median time on market: 179 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
Arcadia is a vibrant and centrally located suburb offering a mix of historical charm, convenient amenities, and proximity to government buildings and cultural attractions, making it appealing to professionals and those seeking an urban lifestyle.
* Distances and amenities are approximate.