House for sale at 24 Arnold Avenue
Secure passive income in a central, low-maintenance multi-unit property near shops and transport, featuring a lapa and small splash pool — six beds, five baths, six carports.
INVESTMENT PROPERTY – EXCELLENT RENTAL INCOME
=============================================
An exceptional investment opportunity comprising multiple cottages and a two-bedroom house, providing an attractive combined rental income and excellent potential for an investor looking to expand their property portfolio.
All units have prepaid water & prepaid electricity.
COTTAGE A
---------
Rental Income: R3,800 per month
Cottage A (Bachelor unit)offers a comfortable living space, kitchnette and shower and is currently generating a rental income of R3,800 per month.
COTTAGE B
---------
Rental Income: R4,300 per month
Cottage B(1 bedroom)offers 1 bedroom, shower and a kitchen/living area and generates R4,300 per month.
COTTAGE C – GROUND FLOOR
------------------------
Rental Income: R5,100 per month
Cottage C is a ground-floor unit. This unit offers a decent size open plan kitchen/living area and shower and has a gas stove and generates a rental income of R5,100 per month.
COTTAGE D – UPSTAIRS
--------------------
Cottage D is a first floor unit which offers a decent sized open plan kitchen/living area and shower and has a gas stove and generates a rental Income of R5,000 per month.
COTTAGE E (2 bedroom house with a small splash pool)
----------------------------------------------------
Rental Income: R9,300 per month
This unit offers 2 bedrooms, a bathroom with a seperate toilet, decent sized lounge & dining room. The kitchen is spacious with ample BIC and has a seperate scullery. There is also a lapa and a small splash pool.
* There are 6 carports
* 1 Garage
* 2nd Garage part of was used to convert Cottage A, so basically can be used for storage.
* There is also and additional storage room next to Cottage D
INVESTMENT POTENTIAL
--------------------
This property offers an excellent opportunity to acquire a multi-income-generating property with several independent rental units already producing an established monthly income.
### CURRENT MONTHLY RENTAL INCOME
* Cottage A – R3,800
* Cottage B – R4,300
* Cottage C – R5,100
* Cottage D – R5,000
* Cottage E – R9,300
* TOTAL RENTAL INCOME: R27,500 PER MONTH
TOTAL ANNUAL RENTAL INCOME: R330,000 PER YEAR
A fantastic opportunity for an investor seeking multiple rental incomes from one property with strong income-producing potential.
Listed for sale at R2,600,000
Wide price range across Boksburg
Prices vary widely across Boksburg, so a like-for-like comparison isn't reliable for this home.
Within the typical range for Boksburg (R1.9M–R4.8M).
Market depth
33 listings
Similar homes town-wide
166 days
Median time on market
Medium inventory
Active across Boksburg
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Bardene is a highly convenient and centrally located residential suburb in Boksburg, offering residents exceptional access to major retail hubs, transport arteries, and essential services.
