House for sale
This substantial 10,000 square meter investment property in Heatherdale
Steady passive-income opportunity in Heatherdale with R60,000 monthly rent and room to expand, set near new developments, each unit fitted with gas stoves and borehole water.
Property in Heatherdale offers a lucrative opportunity for savvy investors. The property comprises 12 well-appointed units, generating a significant monthly rental income of R60,000. With ample space to construct additional units, the potential for growth and increased returns is vast.
The property boasts municipal water and a borehole, ensuring a reliable water supply. Modern conveniences like gas stoves and geysers are installed in all units, enhancing the appeal to tenants. Two entrances provide easy access, and existing leases ensure a steady income stream. Surrounded by nearby developments, this property offers a promising investment prospect, poised to deliver a substantial pension income for years to come.
Additional features
Ownership costs
Property history
Listed for sale at R4,400,000
Price reduced by 3.4% to R4,250,000
Smart property insights
Limited comparable data
We found only 1 similar-sized active home in Akasia — not enough for a fair price comparison.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
