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Effortless income living in Arcadia on popular Park Street, steps from Spar, schools and transport; fully tenanted three-bedroom, one-bath home with double carport and steady rental income.
An ideal opportunity for investors. This fully tenanted 3-bedroom home is situated in the heart of Arcadia, on popular Park Street. The property offers a spacious layout with a full bathroom, functional kitchen, and a dedicated dining area. It also includes a double carport, visitor's parking and is currently generating a potential rental income of R9,500 per month. Located just a short walk from Spar, local schools, and with easy access to major roads and public transport, this property enjoys strong tenant appeal in a high-demand rental area. A hassle-free, income-generating investment – not to be missed!
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R650,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 24 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
Key differences
Affordability
R 6,381 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
24 similar listings
Medium similar-home inventory in Arcadia
Median time on market: 148 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.
