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Passive-income opportunity in a sought-after locale — main three-bedroom house plus four flats, five covered parking, and separate tenant entrances for steady rental returns.
PRIME INVESTMENT OPPORTUNITY - MULTI-UNIT INCOME PROPERTY.
This exceptional income-generating property offers a fantastic investment opportunity, boasting a total rental income of R 30 000 per month. The fully walled property features two separate entrances, ensuring privacy and convenience for both the main house and rental units.
Main House:
Spacious entrance hall leading to a lounge and open-plan dining room & kitchen.
Three large bedrooms, all with built-in cupboards.
1,5 bathrooms for added convenience.
Single garage.
Rental Units:
Three ( 3 )x 2-bedroom flats and one ( 1 )x 1-bedroom flat.
Each unit includes:
Built-in cupboards in all the bedrooms.
Open-plan lounge & kitchen.
Bathroom with shower, toilet, and basin.
Separate entrance for tenants, ensuring ease of access.
This well-maintained property provides a strong return on investment with consistent rental income. Ideal for investors looking for immediate cash flow and long-term growth potential.
Don't miss out on this lucrative investment - schedule a viewing today!
Listed for sale at R2,395,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 202 listings in East London (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 27% below the median. Floor size is 106% 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
202 similar listings
High similar-home inventory town-wide (East London)
Median time on market: 150 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
Rosemount is a quiet and established residential area offering a peaceful suburban lifestyle with convenient access to essential amenities and the broader East London area.
* Distances and amenities are approximate.
