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Turnkey investment on a quiet, tree-lined street near shops — five self-contained flats with individual entrances, prepaid meters and secure parking. Generates R21,000/month; nine beds, five baths.
This spacious home of approximately 400 m2 has been cleverly converted into five self-contained flats, each with its own entrance, prepaid electricity meter and geyser. The property is situated on a walled 800 m2 stand with secure parking for all tenants.
The configuration includes:
The property currently generates a total rental income of R21 000 per month and is fully tenanted, making it an ideal investment for those seeking immediate returns. While the units may require some maintenance, the property is sold voetstoots and offers excellent potential to enhance value and income with minor improvements.
A solid, income-producing asset — don’t miss this opportunity! Contact me today to arrange a viewing of the property.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,700,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 279 listings in Centurion (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 65% below the median. Floor size is 15% smaller than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 16,688 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
279 similar listings
High similar-home inventory town-wide (Centurion)
Median time on market: 168 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
Laudium is a vibrant and well-established residential area offering a close-knit community feel with convenient access to essential amenities and the broader Centurion area.
* Distances and amenities are approximate.
