House for sale
Create versatile family living and instant rental income in family-friendly Norkem Park, Kempton Park — includes three self-contained flatlets, four bedrooms, two bathrooms and two garages.
Location: Norkem Park, Kempton Park
The Opportunity: Buy, Fix Up & Reap the Rewards!
Calling all savvy investors, flippers, and large families with a vision! This expansive property is priced to sell and offers a fantastic "buy and fix up" opportunity. With a little cosmetic love and TLC, you can instantly unlock massive equity and transform this diamond in the rough into a high-yielding rental machine or your dream forever home.
The Main House
The main residence features a spacious, versatile layout waiting for your personal touch:
4 Well-Sized Bedrooms with excellent natural light.
2 Neat, Shared Bathrooms ready for a modern upgrade.
Spacious living and dining areas perfect for family gatherings.
The Income-Generating Structure
Built for maximum versatility, the layout of this property goes far beyond a standard family home:
3 Separate Flatlets (Attached to the Main House): Perfect for extended family or generating substantial monthly rental income to completely cover your bond!
Staff Quarters / Maid’s Quarters: An additional helper's room for added convenience.
Garages & Parking: 2 lock-up garages plus ample secure parking space to comfortably accommodate vehicles for both owners and tenants.
? A Rare Value-Add Proposition!
Properties with this level of footprint, structure, and income potential at this price point are rare in Norkem Park. Bring your paintbrushes, bring your vision, and secure a high-yield asset today.
Listed for sale at R1,599,999
How does this home’s price compare with similar properties?
Insight
Priced 3% below the local median - at the lower edge of the typical range in Norkem Park.
Compared with 12 4-bed homes (19 listings) in Norkem Park.
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.
Norkem Park is a well-established, family-oriented residential suburb in Kempton Park that offers convenient access to major transport routes, essential amenities, and a peaceful community atmosphere.
