House for sale
Secure passive income in vibrant Ivory Park, Midrand — close to schools, shops and transport. Eight outside rooms all tenanted (R7,500/month) on a 200m² stand.
Property for sale – ivory park, midrand
200m2 Stand | 8 Outside Rooms | Rental Income
Looking for an investment opportunity with existing rental income? This property in Ivory Park, Midrand, offers excellent potential for an investor.
Situated in a convenient location close to schools, shops, public transport and other essential amenities, this property provides both space and an existing income stream.
The property features a 200m2 stand, 8 outside rooms and 1 guest toilet.
All 8 rooms are currently occupied, generating rental income of R7,500 per month.
This is an excellent opportunity for an investor looking for an income-generating property in a well-established area.
Contact today to arrange a viewing and find out more.
Listed for sale at R660,000
How does this home’s price compare with similar properties?
Price comparison based on 6 similar-sized homes (wider size range).
Insight
Priced 17% below the local median - and below the typical range in Ivory Park.
Compared with 6 similar active listings in Ivory Park.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap.
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.
