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Live on-site and earn steady rental income in a well-located, peaceful neighbourhood near shops and transport. Main house with indoor entertainment braai plus four rental units.
HIGH-INCOME INVESTMENT PROPERTY - EXCEPTIONAL RENTAL POTENTIAL.
This prime income-generating property is an excellent opportunity for investors looking for strong rental returns and a long-term value appreciation. Offering a spacious main house and four additional rental units, this property ensures a steady total monthly income of R 30 000.
Main House;
Open-plan lounge & kitchen, ideal for modern living.
Four large bedrooms, all with built-in cupboards.
Three bathrooms, including two en-suite.
Indoor entertainment area with built in braai.
Undercover patio for relaxed outdoor living.
Single automated garage for convenience.
Rental Units;
Two ( 2 ) x 2-bedroom flats.
Built-in cupboards in all bedrooms.
Open-plan living area and kitchen.
Bathroom with toilet, basin, and shower.
This fully walled property is well-maintained and designed for maximum privacy, with a strong tenant appeal. Whether you're expanding your investment portfolio or looking for a property with excellent rental income, this is an opportunity not to be missed!
Contact me today to secure this high-yield investment!
Listed for sale at R2,395,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 98 listings in East London (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 31% below the median. Floor size is 43% larger than typical for similar homes.
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
Key differences
Affordability
R 23,510 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
98 similar listings
High similar-home inventory town-wide (East London)
Median time on market: 178 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
Greenfields offers a blend of residential comfort and convenient access to essential amenities, making it an attractive suburb for families and individuals seeking a balanced lifestyle in East London.
* Distances and amenities are approximate.
