Effortless rental income in a secure, low-maintenance complex close to shops and transport, each unit offering open-plan living with a built-in braai entertainment area; eight two-bed, one-bath units with carports.
Property Description for Property24:
Exceptional investment opportunity – a modern, income-generating complex consisting of 8 units in total, divided into 2 neat blocks. Each flat features a contemporary open-plan kitchen and lounge, as well as an additional braai or entertainment area with a built-in braai – a unique feature that sets this complex apart, as most flats offer only one living area. Every unit includes 2 bedrooms, 1 full bathroom, and its own carport. All Maintenance in the complex is up to date.This complex is ready for a new owner to take over and generate income with little effort
The ground-floor units offer extra private storage space along the walkway to the front doors, while all staircases are secured with Trellidoors for added safety. Each unit has its own prepaid electricity meter and individual water meter, making utility management simple and transparent for both the owner and tenants.
The complex is secured with electric fencing and includes a designated garbage house. There is also potential to make the bottom units pet-friendly, offering additional rental appeal. Currently, the complex enjoys 100% occupancy – a solid and reliable income-generating investment.
Listed for sale at R7,800,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 37 listings in Secunda (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
Affordability
R 76,568 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
37 similar listings
Medium similar-home inventory town-wide (Secunda)
Median time on market: 227 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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Noordrand in Secunda offers a comfortable suburban lifestyle with convenient access to essential amenities and a family-friendly environment.
* Distances and amenities are approximate.