Income-focused property in a convenient neighbourhood near shops and schools — five modern flats (fully tenanted), generating over R35,000/month; nine bedrooms and six bathrooms across converted outbuildings.
We offer for sale this huge house and outbuildings that have been converted into 5 modern flats that are fully tenanted. 3 Of the flats comprise of 2 bedrooms, lounge, kitchen and bathroom, the 4th flat comprises of 2 bedrooms, main bedroom ensuite, lounge, kitchen and family bathroom and the 5th flat comprise of one bedroom, lounge, kitchen and bathroom. The yard of 1 flats. Rental income in excess of R35 000 per month.
Great return on your investment.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R2,450,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 31 listings in King Williams Town (town)
Insight
Priced above the median for similar properties in the area.
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
Market depth
31 similar listings
Medium similar-home inventory town-wide (King Williams Town)
Median time on market: 92 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
Fort Hill is a quiet, established residential suburb in King William's Town that offers residents a peaceful atmosphere with convenient proximity to the town's central business district and essential public services.
* Distances and amenities are approximate.