House for sale
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.
Listed for sale at R4,400,000
Price reduced by 3.4% to R4,250,000
Compared with 50 active listings in Akasia.
Insight
Priced 30% above the local median — and above the typical range for Akasia.
The premium partly reflects the larger floor size; buyers should still compare condition, position, views and finishes before deciding. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Key differences
Good value · based on 31 listings
Large at a premium · based on 31 listings
Market depth
50 listings
Similar homes town-wide
88 days
Median time on market
Many similar homes
Active across Akasia
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Heatherdale AH offers a tranquil, semi-rural lifestyle with spacious properties, providing a peaceful retreat while remaining conveniently close to the essential urban amenities of Akasia and northern Pretoria.
