House for sale
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
Wide price range across East London
Prices vary widely across East London, so a like-for-like comparison isn't reliable for this home.
Within the typical range for East London (R1.5M–R2.5M).
Price comparison based on 14 similar-sized 3-bed homes.
Market depth
14 listings
Similar homes town-wide
Low inventory
Active across East London
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Rosemount is a tranquil and well-established residential suburb in East London that offers residents a peaceful suburban lifestyle with convenient access to the city's essential amenities and coastal attractions.