House for sale
Live centrally with instant rental income—this one-bedroom, one-bath bachelor offers two living areas, six income rooms (R7,300/month) and conversion potential to boost earnings.
Discover the perfect blend of comfort and investment potential with this unique property offering. This bachelor unit features a spacious bedroom, a well-equipped kitchen, and two inviting living areas, complemented by a modern bathroom.
In addition to the main living space, the property boasts six exterior rooms currently generating a steady rental income of R7,300 per month. This is an ideal opportunity for those seeking a home that also provides financial returns.
For investors looking to maximize their rental portfolio, there's exciting potential to transform the existing bachelor unit. You can partition it into four additional rooms or convert it into two modernized bachelor units complete with showers. This enhancement could increase your total rental income to an impressive R12,000 per month.
Whether you're searching for a place to call home with added income benefits or an investment opportunity with substantial growth potential, this property is a must-see.
Listed for sale at R800,000
Wide price range across Midrand
Prices vary widely across Midrand, so a like-for-like comparison isn't reliable for this home.
Within the typical range for Midrand (R640k–R1.2M).
Price comparison based on 13 similar-sized studio–2 bed homes.
Market depth
13 listings
Similar homes town-wide
Low inventory
Active across Midrand
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Ivory Park is a vibrant and densely populated residential area in Midrand that offers affordable housing options and convenient access to major industrial hubs and transport routes for working professionals.
