House for sale
Enjoy low-maintenance, income-generating living in Cambridge, East London — private garden, remote-controlled gate and six parking bays; nine bedrooms across four tenanted units.
Looking for a property that delivers impressive rental income? This fully tenanted corner property in Cambridge, East London, offers an exceptional investment opportunity, generating in excess of R30,000 per month from four separate living units!
The property is enclosed by boundary walls and features a remote-controlled access gate on one street and a pedestrian gate on the other. With separate entrances to the buildings and open parking for six vehicles, this versatile property offers privacy and convenience for tenants.
MAIN HOUSE – FRONT SECTION
Featuring a large verandah, spacious garden, entrance hall, lounge, kitchen with gas hob and electric oven, three bedrooms and a bathroom fitted with a bath, shower, basin and toilet and a gas geyser.
MAIN HOUSE – REAR SECTION
This section offers three bedrooms, a large lounge, kitchen with a freestanding gas stove and electric oven, bathroom and pantry, gas geyser providing generous accommodation for tenants.
FLAT 1
A comfortable unit comprising an open-plan lounge and dining area, two bedrooms, kitchen with gas hob and electric oven, gas geyser and bathroom fitted with a shower, basin and toilet.
FLAT 2
A cosy flat featuring an open-plan lounge with an outside entrance, tiled bedroom, kitchen with electric stove, and bathroom with shower, basin and toilet and gas geyser.
ADDITIONAL FEATURES
Corner stand with separate access points
Two 5,000-litre water storage tanks
Secure, walled property
Parking for six vehicles
With four income-generating units already occupied, this is an attractive opportunity for investors seeking established rental income and the potential to grow their property portfolio.
Don't miss out on this income-producing investment in Cambridge! Contact me today to arrange a viewing.
Listed for sale at R1,950,000
How does this home’s price compare with similar properties?
Price comparison based on 20 similar-sized 5+ bed homes.
Insight
Priced 44% below the local median - and below the typical range across East London.
Compared with 20 similar homes (24 listings) across East London.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Cambridge is a well-established, family-oriented suburb in East London that offers convenient access to essential amenities, reputable schools, and major transport routes, making it a practical choice for long-term residents.
