House for sale
Income-generating, multi-family living in Rangeview, Krugersdorp — minutes from Walter Sisulu Botanical Garden and Cradlestone Mall. Three self-contained units with communal pool, private braai; nine beds, 11 baths.
Unlock the potential of this versatile property in the sought-after suburb of Rangeview, Krugersdorp.
Offering three separate residential units combined into one exceptional property, this opportunity is ideal for investors, extended families, or entrepreneurs looking to generate multiple rental incomes from a single investment.
With a confirmed combined rental income of R36,970 per month and an attractive potential return of approximately 10%, this property offers flexibility and exciting income-generating possibilities.
The three units can be utilised independently and rented to separate families, creating multiple income streams. Alternatively, the property could offer potential for conversion into a guesthouse, boutique accommodation establishment or Airbnb, subject to the required approvals.
The property does require some TLC, but its size, layout and existing rental income make it a compelling investment opportunity.
Property Features
A CLOSER LOOK AT THE THREE UNITS
Unit 1 (Currently Tenanted – 4 Years)
This spacious double-storey unit offers 3 bedrooms plus an additional upstairs room/office with an en-suite bathroom.
The three main bedrooms are downstairs, with built-in cupboards. The main bedroom has an en-suite bathroom, while the second bedroom also has an en-suite.
The upstairs room/office has its own en-suite bathroom.
Additional features include:
Unit 2 (Currently Tenanted – 2 Years)
This unit offers 3 bedrooms, with two bedrooms downstairs and the main bedroom situated upstairs.
All bedrooms feature built-in cupboards. The main bedroom has an en-suite bathroom, while the second bedroom also has an en-suite.
Additional features include:
Unit 3 (Currently Tenanted – 9 Years)
This well-established unit offers 3 bedrooms, with two bedrooms upstairs and one downstairs.
All bedrooms have built-in cupboards and en-suite bathrooms. The unit also includes a guest bathroom.
Additional features include:
Rangeview is a sought-after, upmarket residential suburb in Krugersdorp, West Rand, offering a peaceful, family-oriented lifestyle with attractive surrounding amenities.
The area is conveniently positioned close to popular destinations including the Walter Sisulu National Botanical Garden, while Silverstar Casino, Cradlestone Mall and Krugersdorp Golf Club are all within easy reach.
Whether you're looking to expand your property portfolio, secure multiple rental incomes, accommodate an extended family, or explore an accommodation business, this property offers exceptional versatility.
With three established units, long-term tenants, substantial accommodation and confirmed rental income, this is an opportunity worth exploring.
This GEM needs some TLC – but the potential is there.
Contact us today to arrange your private viewing and discover what this unique Rangeview property could offer you.
Listed for sale at R3,400,000
Wide price range across Krugersdorp
Prices vary widely across Krugersdorp, so a like-for-like comparison isn't reliable for this home.
Within the typical range for Krugersdorp (R3.1M–R7M).
Price comparison based on 14 similar-sized 5+ bed homes.
Market depth
14 similar homes
15 listings across Krugersdorp
Low inventory
Active across Krugersdorp
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Rangeview is a tranquil and well-established residential suburb in Krugersdorp known for its spacious properties, scenic views, and proximity to quality schools and essential amenities.
