House for sale at 5 Iris Road
Relaxed garden living in Primrose, Germiston with income-generating three flatlets; main house offers three bedrooms, one bathroom and secure electric gate.
This spacious Primrose home in Germiston offers a promising canvas for the discerning investor.
The 887 square metre erf hosts a comfortable main house with three bedrooms featuring built in cupboards, pressed ceilings and warm timber floors, a welcoming entrance hall, a generous living room with wooden floors and pressed ceilings, and a bright eat in kitchen with ample cupboards.
An inviting pool sits at the rear, awaiting a TLC touch, while three flatlets with bathrooms present a strong income stream or versatile accommodation for extended family. The property is securely fenced with an electric gate and high walls, and fibre internet is available for modern connectivity. The generous garden and thatched lapa provide outdoor entertaining possibilities that can be revived to their full potential. With established structure and multiple rental options, this home is a prize for investors ready to realise its full potential.
Listed for sale at R1,200,000
How does this home’s price compare with similar properties?
Insight
Priced 11% below the local median - at the lower edge of the typical range in Primrose.
Compared with 15 3-bed homes (17 listings) in Primrose.
It's priced below similar homes, which may reflect condition, position or finishes.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Primrose is a well-established, family-oriented residential suburb in Germiston that offers residents a convenient lifestyle with easy access to major industrial hubs and essential urban amenities.
