House for sale
Secure steady income in a family-friendly neighbourhood with development potential; main 4-bedroom home (ensuite) plus three rental units generating R7,700/month on 627 m².
Property for Sale: Investment Opportunity with 4 Bedrooms and Multiple Units
This versatile property features a spacious main house with 4 bedrooms, a lounge, kitchen, and a full bathroom. The main bedroom includes an ensuite for added privacy and comfort. Additionally, there is a convenient laundry room located outside the main house.
On the property, you will find 3 separate rental units generating a total monthly income of R7 700. There is ample space available for further development, offering excellent potential to increase your rental returns.
Don't miss out on this promising investment opportunity. Call now to be the first to view this property!
Listed for sale at R1,299,000
How does this home’s price compare with similar properties?
Insight
Priced 45% below the local median - and below the typical range across Alberton.
Compared with 92 4-bed homes (125 listings) across Alberton.
It's priced below similar homes, which may reflect condition, position or finishes. 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.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Palm Ridge is a developing residential suburb in Alberton that offers affordable housing options and convenient access to major arterial routes for commuters working in the greater Johannesburg area.
