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
Compared with 580 active listings in Midrand.
Insight
Priced 74% below the local median — and below the typical range for Midrand.
The lower price may partly reflect the smaller floor size. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Key differences
Good value · based on 391 listings
More compact · based on 391 listings
Market depth
580 listings
Similar homes town-wide
155 days
Median time on market
Many similar homes
Active across Midrand
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, high-density residential area in Midrand that offers affordable living with convenient access to essential community services and major transport routes connecting to Johannesburg and Pretoria.
