Loading property...
+16
More Photos
Earn reliable rental income in bustling Sunnyside, steps from transport and shops. Ground-floor converted 3.5-bedroom with fitted kitchen, single lockable garage and security access—fixer-upper ideal for investors.
Investment Opportunity in Sunnyside – High Rental Yield!
Originally a 2-bedroom apartment, this ground-floor unit has been cleverly converted into a 3.5-bedroom layout, maximizing rental income potential. Currently tenanted and generating R8,400 per month, this property is ideal for investors looking for strong returns.
The unit offers:
3.5 bedrooms (converted for increased occupancy)
1 bathroom with bathtub
Fitted kitchen with cupboards and mobile stove
Small lounge area
Ground floor access for convenience
Single lockable garage
Located on a busy road, the property benefits from high demand for affordable rental accommodation in the area. The complex features security access, adding peace of mind for tenants.
Note: This is a fixer-upper and requires some TLC, making it a great value-add opportunity for investors looking to renovate and further increase returns.
Current rental income: R8,400 pm
Prime rental location close to transport routes, shops, and amenities
Listed for sale at R450,000
Price reduced by 2.2% to R440,000
Price reduced by 2.3% to R430,000
Price reduced by 2.3% to R420,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 38 listings in Sunnyside
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 8% below the median. Floor size is 21% smaller than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 4,123 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
38 similar listings
Medium similar-home inventory in Sunnyside
Median time on market: 142 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
Sunnyside is a vibrant, centrally located suburb offering a mix of residential options and convenient access to amenities, making it appealing to students, young professionals, and those seeking urban living.
* Distances and amenities are approximate.
