House for sale
Hands-off income opportunity near shops, schools and public transport — main three-bedroom house plus income-generating outbuildings. Includes shared bathroom units and parking for three vehicles.
We present this opportunity with steady rental income of approximately R8900 per month( R106 800 per annum). With a few final touches required to the house, this is an investors dream. The main house consists of 3 bedrooms, 1 bathroom, lounge and kitchen. The outbuildings consists of 1 unit with a kitchen, and 3 rooms that share the bathroom. Parking is available for 3 vehicles. The house is on the public transport route, close to shops and local schools and churches.
Listed for sale at R720,000
Price reduced by 6.9% to R670,000
How does this home’s price compare with similar properties?
Insight
Priced 14% above the local median - at the upper edge of the typical range in Mdantsane.
Compared with 21 2–4 bed active listings in Mdantsane.
Buyers should compare condition, position, views, finishes and floor size before deciding.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Mdantsane is a vibrant and densely populated township offering a strong sense of community and convenient access to essential local services and regional transport routes in East London.
